3Power Energy Group Inc (PSPW)

[wakl]

WHEN the SHALA project was announced there was a environmental / financial plan that was put out with pictures of dam sites etc. IN the most recent 'K" we now know that there are solar projects for concession consideration. It WOULD BE NICE IF THE DUBAI BOYS WOULD PUT FORTH A SIMILAR REPORT THAT ADDRESSES ALL THE SAME INFO. THAT SHALA REPORT HAD. INCLUDING SITE PICTURES! REF;
Shala, through its operating office in Tirana, Albania, has developed concession opportunities of approximately 300 MW hydroelectric and 50 MW of Solar PV plants,. Of these concessions approximately 100 MW are construction (shovel) ready but no construction has yet commenced. We estimate but cannot guarantee that construction will commence by late 2017. A further 100 MW are awaiting final construction permits and the remaining capacity is currently in the planning and permission application phase.

All concessions have been or are being environmentally assessed by the relevant Albanian Authorities and financial modelling indicates average IRR’s of approximately 15%.