Thursday, January 29, 2015 5:04:53 PM
The potential of India’s power sector is diverse, spattered with commercial power generation alternatives such as natural gas, coal, oil, hydro and nuclear, as well as sources of energy like solar, wind, bio-gas and agriculture. The demand for energy in India is rapidly growing and long ago outpaced supply. Despite years of growth in commercial power generation, the weighty demand for energy power frequently leads to energy shortages.
Efforts to close this supply-demand gap are ongoing by way of policy reforms, participation from private sector, and development of the Ultra Mega Power Projects (UMPP). Due to the huge size of the market, growth potential, and returns available on capital, India’s power sector offers tremendous opportunities for investing companies.
U.S.-based Pan Global is currently working on renewable energy projects in India to seize upon the aforementioned favorable market climate. While management is open minded about opportunities in other parts of the world, the company currently sees its niche in the tremendous opportunities of this bustling country.
Pan Global is focused on environmentally sustainable energy, infrastructure, and technologies with intentions of investing in green energy technology and infrastructure around the world. The company’s interests include mini-hydro, solar, wind and geothermal. What’s more, Pan Global is planning non-energy infrastructure technology investments that emphasize environmentally sustainable solutions in water distribution, building technology and agriculture. The company also seeks to provide consulting services related to energy efficiency, and has an online system designed to match up buyers and sellers of solar equipment and services.
Uncommon among similarly large countries, India anticipates high GDP growth that should extend for many years. Since 2005, India’s growth has been approximately 8% per year. It has a relatively young average population age and a growing unmet need for energy to go with it. The good news for opportunistic companies like Pan Global is that the Indian government is on record citing that development of renewables will play a major role in the country’s highly anticipated energy solution.
For more information on the company visit www.PanGlobalCorp.com/
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