Energy,Energy sector projects by Pan Global Corp in
Project Information
5568
Pan Global Corp
Pan Global, Corp. today announces that it has commenced preliminary discussions with a key developer in Indias geothermal industry about forming a potential partnership involving Pans investment in a geothermal power plant in India.
According to the developer, most of the steps required for bringing the geothermal power plant up to construction-ready status have been completed and that construction of the plant could begin shortly upon the closing of an adequate financing.
Management commented, "The Company has previously indicated that one of its focus areas within the renewable energy sector is geothermal energy production, so we are very pleased to be able to report about our entry into preliminary discussions on this front to our shareholders."
The Company will evaluate this opportunity and conduct customary due diligence and negotiations while continuing to provide updates as plans develop.
Project Value
Refer document
Conceptual Stage
Not Specified
India
Energy,Energy
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