Pan Global
Corp. is banking on the opportunities created by hydro power generation. There
is an abundance of such opportunities in the Indian context so the company has
a special focus on this sector.
Pan
Global’s management has confidence that there are major expansion opportunities
for small hydro power generation in India, where less than 1 gigawatt (GW) of a
potential 20 GW of capacity has been developed. With so much potential room to
grow, not only is the company in talks with various players who have already
been issued power purchase agreements, but it is also exploring additional
opportunities. One area of potential is the use of this alternative power
source in places where antiquated technology cannot generate a fair return but
the latest and best-proven technology could be implemented.
With
respect to its operations, Pan Global has been collaborating with several
parties to create a hydro project pipeline, wherein it would acquire
small-hydro projects that are under development or already in operation. So
far, the company has been working closely with two parties to acquire up to 30
MW of hydro power projects that will generate revenue as soon as the
acquisitions are finalized, as well as another 15 MW of projects under
development.
The
corporation has also targeted two hydro projects in India for investment. One
is a 5.7 megawatt (MW) project and the other a 9.5 MW megawatt project. Due
diligence has already begun on the first project. Over the course of the next
few months, the company intends to acquire it through a staged acquisition
process.
Pan
Global, a Carson City, Nevada corporation, invests in energy and infrastructure
projects that promote a low carbon, resource efficient and socially inclusive
“green” economy. This pioneering company intends to become a leader in its
field through the development, ownership and operation of multiple
environmentally-sustainable energy and infrastructure projects in a variety of
markets and sectors.
For more
information, visit www.PanGlobalCorp.com
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