Kathmandu, Feb. 22
Reliance Spinning
Mills, the largest spinning mill in the country – has brought a 9.2 MW solar
plant into operation at its factory in Khanar of Sunsari district.
"Solar plant of 9.2
MW installed capacity developed and brought into operation recently, it is the
largest individual solar plant," said the company.
This installment of
alternative energy source is expected to support the manufacturing facility
that has a need of about 13-14 MW power a day. Despite multiple claims from the
Nepal Electricity Authority (NEA) – the energy monopoly in the country,
industries are still facing power outage.
The project is developed by Prozeal Green
Energy Limited, a joint venture initiative of Golyan Power Limited and Prozeal
Green Energy, India. Golyan Power is the subsidiary of Golyan Group which also
partners with Reliance Spinning Mills.
According to the company, electricity
supply is one of the major challenges to it. Despite receiving approval to
consume 14 MW of power from the NEA, the industry was consuming only 2.5 MW
daily while the rest of the energy was generated using diesel and furnace oil
which sent the production costs up.
Established in 1994, the industry is
divided into two blocks: 'A' in Khanar of Itahari Municipality-12 Sunsari and
'B' Duhabi Municipality-4.
The industry employs more than 4,000
workers, of whom 1,550 are women.
Currently, the industry's annual production
capacity stands at 48,960 metric tonnes. Of the total production, 20–25 per
cent is consumed domestically, while 75–80 per cent is exported to countries
including India, Turkey, UAE, and Malaysia. The company is also preparing to
export to Bangladesh.
The company exported 25,902 tonnes of yarn
worth Rs. 6.74 billion in 2023/24 which is Rs. 242 million up from that of FY
2022/23. Five years ago, the company exported 16,070 tonnes of yarn worth about
4.54 billion.
In 2022/23, export from Reliance had 4.61
per cent share in the total export from Nepal.
Published in The Rising Nepal daily on 23 February 2025.
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