Kathmandu. Ryan Energy and Global IME Capital have signed a bilateral agreement under the ‘Business Concept to Listing’ for services related to institutional consulting and business concept and primary share issuance. At a program organized in Kathmandu on Tuesday, Magh 29, Managing Director Deepak Kumar Rauniyar on behalf of Ryan Energy and Chief Executive Officer Mandeep Luitel on behalf of Global IME Capital signed the agreement.
Established by Nepal’s leading renewable energy sector investors, Ryan Energy, established with the aim of integrating two- and three-wheeled electric vehicles and integrating advanced battery swap mechanisms and operating systems and building a sustainable future in Nepal’s transportation sector, is preparing to issue primary shares within the upcoming fiscal year 2082.83. Ryan Energy, registered as a private company with the Office of the Registrar of Companies in 2077 BS, has its registered (central) office at Durbarmarg, Kathmandu.
The company has been operating since 2078 BS Paush after obtaining permission from the Ministry of Industry, Tourism and Forests to assemble various types of electric vehicles (two-wheelers, three-wheelers and four-wheelers). This company is a professional organization established by a group of active and enthusiastic entrepreneurs and experienced individuals who have been working in the renewable energy sector for more than 30 years. This group has gained expertise in various fields including assembly plants, renewable energy system integration and distribution, rural and urban electrification as well as solar irrigation, power backup system integration and installation. It is believed that it can take a leading position in the development of a sustainable and clean transportation system in Nepal by deeply analyzing the current market situation.
The company is committed to promoting sustainable transportation based on renewable energy and aims to work towards the development of a clean and sustainable transportation ecosystem through the manufacture, design, development and assembly of market-friendly electric vehicles with a commitment to cutting-edge technology, high efficiency, excellent performance and environmental sustainability.
