Pan Global Corp. (PGLO) Growth Plans on Course to Meet High Demand in India

When it comes to the world economy, India is one of those very large “emerging markets,” alongside China and Brazil. These are three very large economies that are only recently beginning to show their potential and major economic power due to their large populations, technology innovations and increased business investments.

For Pan Global Corp. (OTCQB: PGLO), India presents an excellent growth opportunity with its population north of 1 billion people. With a country that houses nearly 15 percent of the world’s population within its borders, the energy and electricity needs of the country are astounding. Its needs are estimated to be about 1,000 terawatt hours (TWh), which makes it the fifth-largest energy consumer behind the U.S., China, Japan and Russia.

Producing that much electricity takes an “all of the above” approach and Pan Global Corp. is investing much of its resources in energy production solutions that go beyond oil and gas. With a lot of sunshine, wind and water resources in the country, Pan Global sees tremendous potential in developing solar, wind and hydroelectric energy for many citizens and residents of India. The Indian government announced that there are already 32 gigawatts of power being produced in the country by alternative or renewable means, and it has set an aggressive target of 41 GW of power by 2017. Part of this is expected to be a 4-gigawatt solar farm in north-central India, which would be about 10 times the size of any other existing solar farm in the world. Pan Global is focusing on India’s power needs, and expects to be heavily invested in this large growth opportunity.

For more information, visit www.PanGlobalCorp.com

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