Pan Global is a
publicly traded company focused on environmentally sustainable energy,
infrastructure, and technologies. Working through its wholly owned subsidiary,
Pan Asia Infratech Corp., the company seeks to invest in green energy
technologies and infrastructure, in efforts to build a global green economy
that is low-carbon, resource-efficient, and socially inclusive.
Currently, Pan
Global is pursuing environmentally sustainable projects in India. Its focus on
project development there is not exclusive. On its website, the company lists
the following objectives as its immediate priorities:
• development of small-hydro power
generation projects in India
• development of solar PV projects in
India
• development of agriculture under
controlled growing conditions in India
• development of mega-watt scale
geo-thermal power projects in India
• development of green buildings in
India
Pan Global has been
taking steps toward its first listed priority. For one, the company has been
engaging in the completion of its staggered acquisition of a small-hydro power
plant (5.7 MW) in northern India. Pan Global also has been looking at another
small-hydro acquisition target in northern India (9.5 MW), for which it
recently received and reviewed the final engineering due diligence report.
The Indian
government recently made public its commitment to sustainable energy production.
The Indian government’s Ministry of New and Renewable Energy recently published
an online post in which it stated: “an estimated potential of about 15,000 MW
of small-hydro power projects exists in India.” Strong user needs for energy
has been shown to be strongly present in the country, as it has been estimated
that India faces up to 20% electrical power shortages in multiple regions on a
daily basis. Building on this demand, Pan Global intends to emerge as a global
leader in green technology and infrastructure development.
For more
information, visit www.panglobalcorp.com
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