Thursday, November 13, 2014

Pan Global Corp. (PGLO) – Banking on Hydro Power Generation

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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