Pan Global is an intriguing “green” company that is focused on developing a series of environmentally sustainable and high ROI projects in India. With a current population of over 1.25 billion people, India is projected to overtake China as the world’s most populous nation by 2030. Current demographics and growth projections spell out India’s compelling need for renewable energy sources and where Pan Global sees incredible opportunities.
India currently faces up to 20% electrical power generation shortages in various regions. Pan Global’s initial focus is on the development of multiple small hydro power generation projects to help meet this demand. Through its wholly owned subsidiary, Pan Asia Infratech, the company has already has entered into a definitive stock purchase agreement to acquire 100% of a privately held Indian corporation which is commissioning a 5.7 MW small-hydro project in northern India. The Project is estimated to be 95% complete and commercial operation is expected within the next quarter. This is the first of many hydro projects the company anticipates undertaking.
Because of the severe electric shortages in a booming population, the Indian government has adopted policies that promote renewable energy technologies. In response to these favorable policies and the burgeoning market, Pan Global also intends to develop solar PV projects and mega-watt scale geo-thermal power projects in the country. The company has also set sights on “green” building and agriculture opportunities.
By building on strong business relationships, Pan Global is rapidly expanding its foothold in the Indian “green” energy markets. If the company hits its objectives investors could be enjoying some green too.
For more information, please visit www.panglobalcorp.com
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