Our Team

Aviyan Group Of Companies Board Of Directors

Mr. Baburam Thapa

Group Chairman

Mr. Baburam Thapa

Group Chairman

Mr. Baburam Thapa is a very seasoned and visionary entrepreneur and businessman with extensive experience across hydropower, microfinance, and real estate acquisition, development, and disposition. A strong proponent of financial inclusion, Mr. Thapa played a pivotal role in the establishment of Aviyan Microfinance Limited, headquartered in Panauti, Kavrepalanchowk, and has served as Chairman of its Board of Directors since its inception. Deeply committed to social justice and financial empowerment, Mr. Thapa has actively championed these causes since his college days. Currently, Mr. Thapa holds board positions at several companies, including Aviyan Laghubitta Bittiya Santha Ltd., Aviyan Investment Group of Nepal Ltd, Super Madi Hydropower Company and Riverside Hydropower Company among others. Expanding his business interests further, Mr. Thapa is currently engaged in initiatives to establish general insurance and micro-insurance companies, reflecting his continued commitment to broadening access to essential financial services. Significant Current Engagements: § Chairperson, Aviyan Laghubitta Bittiya Santha Limited § Chairperson, Aviyan Investment Group of Nepal Limited § Director, Supermadi Hydropower Limited (44 MW) § Chairperson, Alampu Jalabidhyut Bikas Company Pvt. Ltd (10 MW) § Chairperson, Bigu Hydro Venture Pvt. Ltd. (3 MW) § Chairperson, Aviyan Power Company Pvt. (80 MW) § Chairperson, Aviyan Hydropower Pvt. Limited (16.69 MW) § Director, Riverside Hydro Energy Pvt. Ltd. (46.90 MW) § Director, Tamor Energy Pvt. Ltd. (285 MW) § Director, Palung Khola hydropower Limited (21 MW) § Director, Multiply Capital Management Ltd. (Private Equity and Venture Capital)

Mr. Mahendra Shrestha

Board Of Directors

Mr. Mahendra Shrestha

Board Of Directors

Mr. Shrestha is a seasoned investment professional with over 25 years of international experience in investment banking, private equity, distressed assets, and real estate across Southeast Asia. He has held senior roles at leading global institutions including Apollo Global Management (CAS Capital), Standard Chartered, Nomura Securities, Lehman Brothers, and American Appraisal. He has executed transactions totaling over USD 2.5 billion and managed distressed asset portfolios exceeding USD 3.5 billion. In Nepal, he has played a key role in establishing hydropower, investment, and advisory businesses. Mr. Shrestha holds an MBA from the Asian Institute of Management (Philippines) and an MSc in Chemical Engineering from Lviv National Polytechnic University, Ukraine.

Er. Rameshwor PD Kalwar

Board Of Director

Er. Rameshwor PD Kalwar

Board Of Director

Er. Rameshwor Prasad Kalwar is a seasoned Professional in the power sector with the over 33 years of experience in generation, transmission, distribution, and project development at Nepal Electricity Authority (NEA). Beginning his career as an engineer at NEA, he rose through various positions to retire as Director and was subsequently appointed by the Government of Nepal as a member of the Electricity Regulatory Commission of Nepal. Mr.Kalwar is a Licensed Engineer with the Nepal Engineering Council, a Licensed Advocate with the Nepal Bar Council, and Fellow Member of the Institute of Engineers(India). He is also an experienced Arbitrator and Adjudicator, Listed with NEPCA and Patan High Court. Over the years, he has contributed to various trainings and seminars on power mediation, arbiration and engineering. Notably he was recognized with the "Dirgha Sewa Kadar Patra" by NEA for his 25+ years of service and received a letter of appreciation for this excellent management of eletrical supply during the 18th SAARC Summit in 2014. Significiant current engagements. Director Aviyan Capital Management Pvt Ltd.

CA. Mukunda Mahat

Board Of Director

CA. Mukunda Mahat

Board Of Director

Mr. Mukunda Mahat has over 30 years of distinguished service at Nepal Rastra Bank(NRB), the Central Bank of Nepal, and the leading regulatory body for the country's banking and finance sector. Joining NRB in 1988 as an Assistant in the Research Department, Mr.Mahat advanced through various roles, ultimately retiring in 2018 as Director of the Bank Supervision Department. During his tenure, he also represented NRB on the Board of Grameen Bikas Laghubitta Bittiya Sanstha Limited. Mr. Mahat has participated in numerous global training sessions, seminars, and workshops organized by esteemed institutions such as the BIS, FATF, APGML, and various central banks. He is a qualified Chartered Accountant from the Institute of Chartered Accountans of India and a Fellow Member of the Institute of Chartered Accountants of Nepal. In addition to holding a certificate of Practice(COP), he is a partner at K.M.U. & Associates, Chartered Accountants, and has served as an Independent Director in the Board Of Machhapuchchre Bank Ltd & Director, Aviyan Capital Management Pvt Ltd. & Managing Partner , K.M.U. & Associates, Chartered Accountants.

Internal Audit Commitee Member

Mr. Gobardhan Khadka Chhetri

Coordinator

Mr. Gobardhan Khadka Chhetri

Coordinator

Mr. Gobardhan Khadka Chhetri is a distinguished corporate leader with a multifaceted career spanning Nepal’s aviation, hospitality, and financial sectors. With decades of executive and governance experience, he has played a pivotal role in shaping prominent national enterprises. Notably, Mr. Khadka Kshetri served as both a senior executive and Board Director for Nepal Airlines Corporation, driving strategic management for the national flag carrier. His extensive governance background includes high-level board tenures at Soaltee Hotel Limited and Nepal CRS Company Limited, where he championed robust institutional oversight and corporate development. Professionally agile, he also lends his industry insights as a Senior Consultant to Saurya Airlines Pvt. Ltd. Backed by a strong track record across diverse financial institutions and commercial businesses, Mr. Khadka Kshetri brings invaluable expertise in investment strategy, organizational restructuring, and macro-level corporate governance to the Board.

CA. Sagar Budhathoki

Member Secretary

CA. Sagar Budhathoki

Member Secretary

Mr. Sagar Budhathoki is a dedicated and highly skilled Chartered Accountant with over 4 years of post-qualification experience and currently serves as the Compliance Manager at Aviyan Group. In his current role, he oversees group-wide financial planning, designs internal control systems, and various compliances. He has successfully coordinated equity-raising initiatives, showcasing his strong capability in strategic corporate finance. Beyond his Chartered Accountancy from ICAI, Sagar is actively expanding his multidisciplinary expertise by pursuing a MA in International Relations and Diplomacy while already being awarded MA in Economics and Bachelor of Law degrees from Tribhuvan University. Equipped with specialized skills and a knack for strategic leadership, Sagar is committed to leveraging his diverse financial, economic, legal, and analytical acumen to achieve organizational goals.

Advisiory Team

Dr. Gyanendra Lal Shrestha

Hydropower and Geotech Expert

Dr. Gyanendra Lal Shrestha

Hydropower and Geotech Expert

CA. Narayan Poudel

Financial Expert

CA. Narayan Poudel

Financial Expert

Mr. Nishant KC

Hydropower Expert

Mr. Nishant KC

Hydropower Expert

Dr. Jugal Bhurtel

Hydropower and Environmental Specialist

Dr. Jugal Bhurtel

Hydropower and Environmental Specialist

Er. Rameshwor PD Kalwar

Technical Advisior

Er. Rameshwor PD Kalwar

Technical Advisior

Mr. Mukunda Mahat

Financial Advisor

Mr. Mukunda Mahat

Financial Advisor

Note: Mr. Baburam Thapa and Mr Mahendra Shrestha leads most of the lead and associated companies under Aviyan Group. There are other expert and experienced directors leading other individual companies.

Management Team

Mr. Surya Limbu

Chief Executive Officer - Hydro Engineering and Energy Solution Pvt Ltd.

Mr. Surya Limbu

Chief Executive Officer - Hydro Engineering and Energy Solution Pvt Ltd.

Surya Limbu is a highly experienced Senior Geologist and Geotechnical Engineer with over 15 years of expertise in Nepal’s hydropower and tunneling sectors. He holds an M.Sc. in Geology from Tribhuvan University and is a Registered Geologist with the Nepal Geological Society. Currently serving as the Chief Executive Officer at Hydro Engineering and Energy Solution Pvt. Ltd., Surya has held pivotal roles in major projects, including the Middle Tamor (73 MW), Mai (22 MW), Kulekhani-III (14 MW), Mathillo Sagu Khola SHPP (10 MW), and Pegu Khola SHPP (3.45 MW) hydropower projects. His core expertise spans underground structure design, tunnel stability analysis, geological mapping, and slope stabilization. Beyond project design and supervision, Surya is highly active in conducting due diligence studies, risk assessments, and bill verifications for various national banks. He excels in solving complex geological challenges on-site, amending designs to suit real-world conditions, and ensuring the safe execution of large-scale infrastructure.

Er. Niroj Poudel

Chief Executive Officer- Bigu/Aalampu Hydropower Project

Er. Niroj Poudel

Chief Executive Officer- Bigu/Aalampu Hydropower Project

Mr. Ashok Raj Acharya

Head of Department -Admin/HR Aviyan Group

Mr. Ashok Raj Acharya

Head of Department -Admin/HR Aviyan Group

Er. Bhuwan Pandey

Senior Engineer(Civil)- Aviyan Group

Er. Bhuwan Pandey

Senior Engineer(Civil)- Aviyan Group

Mr. Bishal Banjara

Head of Department- Finance/Account Singha Bahini Construction Pvt Ltd.

Mr. Bishal Banjara

Head of Department- Finance/Account Singha Bahini Construction Pvt Ltd.

Mr. Chaturman Mahato

Manager-Finance Aviyan Capital Mangement Pvt Ltd

Mr. Chaturman Mahato

Manager-Finance Aviyan Capital Mangement Pvt Ltd

CA.Sagar Budhathoki

Compliance Manager-Aviyan Group

CA.Sagar Budhathoki

Compliance Manager-Aviyan Group

Mr. Ashok Karki

Hydropower Engineer-Hydro Engineering and Energy Solutions Pvt Ltd

Mr. Ashok Karki

Hydropower Engineer-Hydro Engineering and Energy Solutions Pvt Ltd

Er. Subash Shrestha

Resident Engineer- Bigu/Alampu Hydropower Project

Er. Subash Shrestha

Resident Engineer- Bigu/Alampu Hydropower Project

Er. Prajul Pradhan

Construction Manager-Singha Bahini Construction Private Limited

Er. Prajul Pradhan

Construction Manager-Singha Bahini Construction Private Limited

Mr. Amir Basnet

Fund Manager-Aviyan Group

Mr. Amir Basnet

Fund Manager-Aviyan Group

Mr.Lila Bahdur Bhujel

Public Relation Officer-Bigu/Alampu Hydropower Project

Mr.Lila Bahdur Bhujel

Public Relation Officer-Bigu/Alampu Hydropower Project

Note: Aviyan Capital Management Pvt. Ltd. Manages and oversees overall administration and management of the group companies which has resulted in achieving significant savings in operational costs.

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Aviyan Group Of Companies Board Of Directors