A brief overview of some of the main companies/projects directly or indirectly affiliated with the Group is summarized below:
Aviyan Investment Group of Nepal:
Incorporated and headquartered in Kathmandu, Nepal, Aviyan Investment Group of Nepal (AIGN) is a investment holding company. On behalf of the Group, AIGN makes investment in companies/projects from the Group’s targeted/focused sectors such as Hydropower, Hospitality, Real Estate Development etc. With a view to provide fast and regular returns to the investors, in addition to long term investments, AIGN also makes short term and medium term investments. To date, it has invested in two hydropower projects: Super Madi Hydropower and Lalupate Hydropower. It has also invested in an eco and agro resort planned to be developed in Nagarkot. AIGN’s other current investments include a parcel of land in Bhaktapur and stocks/shares of selected publicly listed companies.
Authorized capital of AIGN is NPR 100.0 crores, of which 70% or NPR 70.0 crores is expected to be paid up capital (equity by promoters/founders) and the rest will be offered to general public.
Super Madi Hydropower Project:
Located at Madi, Kaski in Gandaki Pradesh, Super Madi Hydropower Project (SMHP) is a diversion/run-of-the-river (ROR) type of hydropower project. Installed capacity of the hydroelectric plant is 44 MW. Construction of the SMHP is in final stage, and operation is expected to be commenced within 6 – 9 mon ths.
Lalupate Hydropower Project:
Located at Nasong Rural Municipality, Manang District in Gandaki Pradesh, Lalupate Hydropower Project (LHP) will also be a diversion/run-of-the-river (ROR) type of hydropower project. Installed capacity of the hydroelectric plant is 49.9 MW. Currently, LHP is in final stage of signing the Power Purchase Agreement (PPA) with Nepal Electricity Authority (NEA).
Aviyan Hydropower Project:
Located at Bodyguard Rural Municipality on the border between Gulmi District of Lumbini Pradesh and Baglung District of Gandaki Pradesh, Aviyan Hydropower Project (AHP) will also be a diversion/run-of-the-river (ROR) type of hydropower project. Installed capacity of the hydroelectric plant is 23.8 MW. Currently, AHP is in final stage of getting Survey License.
Aviyan Eco & Agro Resort Pvt. Ltd.:
Aviyan is planning to develop an integrated luxury five-star eco and agro-resort and wellness retreat of international standard at Ward Number 1, Mandandeupur Municipality Nagarkot, Kavrepalanchok District, about 25km north-east from the heart of the capital city Kathmandu, Sprawl on a land area of around 45 Ropani (2.29 hectares), the resort will have 4 main components: i) a main resort building, ii) luxury farmhouses, iii) World class Wellness Retreat, and iv) Amphitheater, Agro-Exhibition and Live Demonstration Arena.
World class architects, engineering and other consultants and contractor will be engaged for designing, project management, construction, interior decoration etc. of the resort building, farmhouses and other facilities;
A total of 71 keys (39 in main building and 32 farmhouses) are planned; And, a globally renowned resort operator will be engaged to operate the resort.
Aviyan Capital Management Pvt. Ltd.:
To ensure attractive return on investment for its investors, Aviyan has set up Aviyan Capital Management Pvt. Ltd. (ACAM) comprising experts of various professional areas/fields such as economics, engineering, legal, hydropower, commercial banking, investment baking, private equity, project finance, project management, microfinance, insurance, real estate development, hospitality etc. Primary objective of ACAM is sourcing, screening, due diligence, underwriting and execution/closing of deals/projects/transactions that the Group considers/will consider to invest and/or acquire. ACAM also manages, operates, supervises and/or monitors projects/companies invested by the Group. More