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Doma Group celebrated five years in Nepal

Kathmandu, September 19

The Dolma Group held an event on September 18 to celebrate five years of investing in Nepal, the launch of Dolma Consulting, and the pioneering DFID-backed work of Dolma Himalayan Energy.

Dolma Impact Fund (DIF) which is celebrating five years of investing in Nepal is the only international private equity fund dedicated to Nepal. Since its start, DIF has invested in two hydro projects, two solar projects, three technology companies and two healthcare companies, creating sustainable employment for over 5,000 Nepalis.

DIF is the private equity arm of the Dolma Group, founded by Prof. Tim Gocher. “DIF has pioneered the impact investment and private equity market in Nepal and is able to showcase the tremendous economic, social and environmental impacts of FDI on economic growth, productivity and employment generation in Nepal,” Prof Gocher said.

To complement the Group’s expertise in successfully raising and investing FDI in Nepal, Dolma Consulting was formally launched on Wednesday, headed by Managing Director Joseph Silvanus, former CEO of Standard Chartered Bank Nepal.

“The private sector has reached a level of sophistication that demand for international capital is growing, from banks, corporates and infrastructure projects,” said Silvanus.

At the event, Dr. Sandip Shah, Managing Director of Dolma Himalayan Energy (DHE) highlighted the innovative and bespoke Peak Energy Management (PEMa) system that combines solar PV and Energy Storage System (ESS) to ensure an accessible and affordable supply of power to Nepal’s grid and its people.

Dr. Shah shared findings from the DFID-backed Dolma Energy Publications “Lessons on how to promote and execute equity capital in the renewable energy sector of Nepal”, which reveals key recommendations for investors considering Nepal as an investment destination.

 

 

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