P2 Solar, Inc. (PTOS): Betting on India’s Power Projects
P2 Solar is focusing on the lucrative global renewable energy market. The company develops solar photovoltaic and mini-hydro power projects. Currently, the company is planning to enhance its project portfolio, which includes three projects -- the Langley Rooftop Project in British Columbia and two others in India, the Rajgarh Mini-hydro and the Tibba Mini-hydro, both located in Punjab. The company through its wholly owned subsidiary, Jagat Energy Pvt. Ltd., acquired the rights to these two hydro-power projects in India. Initiating the projects in India is important as electric demand in India is expected to grow by 10% annually. These projects…