Norion Renewable Energy Limited (NREL) is a State-Owned Public Limited company established under Royal Approval through the Desuung Skilling Programme (DSP) under His Majesty’s Secretariat (HMS). Incorporated on March 9, 2026, under the Companies Act of Bhutan, 2016, NREL serves as Bhutan’s national platform for scaling solar energy deployment and strengthening domestic technical capacity.

With a paid-up capital of BTN 316.5 million and an authorized share capital of BTN 6 billion, NREL is strategically positioned to mobilize capital, develop renewable energy assets at scale, and support Bhutan’s long-term energy security. The Company was formed through the transition of the DSP Solar Initiative into a commercially structured entity, enhancing financial sustainability and operational scalability. The name “Norion” is derived from the fusion of “Nor” symbolizing wealth and prosperity and “ion,” representing energy and technology, thereby reflecting the Company’s vision of advancing sustainable and innovative energy solutions in Bhutan.