Power or
electricity is an integral spoke in the wheel of infrastructure. It directly
affects economic growth and a nation’s ability to survive overall. The
existence and development of adequate power infrastructure is particularly
essential for sustained growth for the Indian economy. With a production of
1,006 terawatt hours (TWh), India is the fifth largest producer and consumer of
electricity in the world after US, China, Japan and Russia.
The Indian power
sector is without question one of the most diversified in the world. Sources
for power generation range from commercial sources such as natural gas, coal,
lignite, hydro, oil and nuclear power to other viable non-conventional sources
such as wind, solar, and agriculture and domestic waste. The demand for
electricity in the country is growing rapidly and is expected to grow further
in the years to come. In order to meet the increasing requirement of
electricity, massive addition to the installed generating capacity in the
country is required.
Pan Global views
India’s power challenges as a pivotal opportunity within its mission to deliver
shareholder value today and into the future. The company directs its
intellectual capital, time and resources toward investing in green energy
technology and infrastructure around the world. PGLO fuels its investments in
renewable energy and energy efficiency technology and “green” projects that
make up solutions for basic infrastructure.
There are currently
a number of amateur hydroponic greenhouse operators in India. Pan Global is
interested in becoming the first commercial operation that supplies the market
of large food chain retail stores and high-end hotels. Under hydroponic
greenhouse growing conditions the company believes it can produce high quality,
organic produce for consumers there. Overall, Pan Global is focused on
developing a series of environmentally sustainable projects that show promise
for robust financial return. Some of the project opportunities in India include
development of small hydro power generation, agriculture under controlled
growing conditions, solar PV projects and geo-thermal power and green
buildings.
For more
information on the company, visit www.PanGlobalCorp.com
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