3Power Energy Group Inc (PSPW)

[davied25]

Was just researching this. Here’s an example of another Chinese EPC +F hydro project in Nepal:

http://en.silkroad.news.cn/2018/0330/90329.shtml

“As per MoU signed between DEC International and SPL, the Chinese company will finance 94 million U.S. dollars for the project. This is the amount equivalent to loans secured by the developer --SPL from a consortium of Nepali banks.

"As the estimated project cost is 150 million U.S. dollar, the rest of the amount will be injected by the promoters," Guru Prasad Neupane, chairman of SPL, told Xinhua on Thursday.”


I know this is an unrelated example, but it could help explain the €85 million in the FAQs and the additional €25 million that could be put in from Falak et al to get to the total €110 million investment mentioned as well.