Business Sectors

Where we operate

Explore MG Group's companies across five business sectors.

Our energy companies work in hydropower, solar power and battery storage.

Authorized partner of CATL in Nepal

Nebula Energy

Nebula Energy is CATL's authorized partner in Nepal and provides battery support and after-sales service.

Established 2024
Services Batteries and after-sales service
Solar energy

Mogha Energy

Mogha Energy is a solar energy company operating in Nepal.

Focus Solar energy
Eon Energy
Battery energy storage

Eon Energy

Eon Energy develops battery storage for businesses and Nepal's power network.

Focus Business and grid battery storage
Hydropower · Publicly listed

CEDB Hydropower Development Company

CHDC is a publicly listed company that invests in and develops hydropower projects. Three projects are operating and four are under development.

Incorporated Nov 2009
Portfolio 3 operating, 4 in development
Hydropower · Listed

Solu Hydropower

Solu Hydropower is an 82 MW run-of-river power project in Nepal.

Capacity 82 MW run-of-river
Type Run-of-river, listed

MG Group has worked in banking since 1997 and is associated with NMB Bank and Kumari Bank.

NPR 255Bn
NMB financial size
NPR 212Bn
Kumari financial size
2M+
NMB customers
Commercial banking · FMO partner

NMB Bank

NMB Bank serves more than two million customers through 202 branches across Nepal. It works with FMO, the Dutch development bank.

Financial size NPR 255 Bn (~USD 2 Bn)
Branches 202
Commercial banking

Kumari Bank

Kumari Bank has provided personal and business banking in Nepal since 2001. It operates 141 branches and service centers.

Established April 2001
Branches 141

Our mobility companies sell and rent electric scooters and operate battery-swapping stations.

3
Operating companies
2024
Gogoro Nepal launch
3
Rental terms offered
Authorized partner of Gogoro in Nepal

Nebula Mobility

Nebula Mobility operates Gogoro Nepal, including its electric scooters, GoStation battery-swapping network and rider app.

Established 2024
Network GoStation battery swapping
LoopX
Mobility as a service

LoopX

LoopX rents electric scooters on daily, monthly and yearly plans, with services designed for delivery and other mobile workers.

Established 2025
Model Daily, monthly, yearly rental
Multi-brand scooter retail · Battery swapping

Helios

Helios sells and services electric scooters from several brands and operates battery-swapping stations.

Model Multi-brand scooter dealership
Network Battery swapping stations

Maruti Cements produces more than one million tonnes of cement each year in Nepal.

1M+
Tonnes annual capacity
First
Privately developed rotary-kiln plant
3
Cement grades: OPC, PPC, PSC
Cement manufacturing · OPC, PPC, PSC

Maruti Cements

Maruti Cements was Nepal's first privately developed cement plant to use rotary-kiln technology. It produces OPC, PPC and PSC cement.

Capacity 1M+ tonnes/yr
Technology Rotary kiln

BlackBox stores and manages business records for organizations in Nepal.

First
Off-site records management in Nepal
2023
BlackBox launched
BlackBox Records Management
Off-site records management

BlackBox Records Management

BlackBox provides secure off-site storage and records management for banks, insurers and other institutions.

Established 2023
Clients Banks, institutions, insurers