About us

Building businesses in Nepal since 1975

MG Group is a family of independent companies based in Kathmandu.

Our companies work across manufacturing, property, banking, hydropower and electric mobility. Each company manages its own operations and finances.

We focus on responsible growth, clear decisions and useful ideas that support Nepal's development.

Our mission

Bring investment, clean energy and technology together to build useful businesses.

Our vision

Build trusted Nepalese companies by connecting good ideas with capable people and proven practices.

Values

What we hold to

Principles applied across the organization and all Group Companies.

01
Purpose
We make decisions with a clear purpose.
02
Transparency
We share information clearly and welcome honest feedback.
03
Trust
We earn trust by acting fairly and keeping our commitments.
04
Integrity
We grow responsibly and consider the people affected by our work.
How the Group was built

Five decades, one standard

1990 – 2000
Foundations
Butwal Cement
OPC, PPC and PSC cement production factory.
Koshi Oil and Trade
Leading distributor of petroleum products in Nepal.
Nepal Merchant Bank
Now NMB Bank, one of Nepal's largest commercial banks.
2000 – 2010
Scale
Maruti Cement
One of the largest cement manufacturers in Nepal.
CEDB Hydro Fund
Publicly listed hydropower investment company.
2010 – 2022
Clean energy
Clean Developers
Commercial and residential development company.
2023
Services
BlackBox Records Management
Nepal's first off-site record management company.
2024
Electrification
Nebula Energy
Authorized partner of CATL in Nepal.
Nebula Mobility
Authorized partner of Gogoro Nepal.
2025
Mobility and storage
LoopX
Mobility as a service management company.
Helios
Multi-brand electric scooter retail and battery swapping.
Mogha Energy and Eon Energy
Battery storage solutions.
Today
Twelve companies
And growing
New companies are being developed across the Group's five sectors.
News
Group announcements and press coverage will be published here.
Five sectors, twelve companies
Business Sectors →