International Power Group Ltd (IPWG)

[nightwish]

Right, nobody took the wrong International Power Group!


The Jizan waste-to-energy plant articles are about our IPWG !!!

http://www.projectsandleads.com/newsletter/Project&Leads_Oct07.pdf

Page 46 says clearly:

International Power Group Ltd (IPWG) IPWG - Waste to Energy Project - Jizan Plant 300.00 Execution Q4 2009 International Power Group Ltd (IPWG)


Who really thinks that both companies "International Power Group" wanted to construct a waste-to-energy plant in the same country and also in the same city???


A press release taken from the IPWG homepage proves that our IPWG wanted to construct the wte-plant in Jizan:

http://www.i-pwg.com/main.html

International Power Group Moves Forward in Process of Establishing Waste-to-Energy Plants in Saudi Arabia

CELEBRATION, Fla., Aug 23, 2006 (BUSINESS WIRE) -- International Power Group Ltd., (Pink Sheets: IPWG) has received authorization from the Kingdom of Saudi Arabia's Presidency of Metrology and Environment (PME) office to begin its due diligence in the city of Jizan, to determine the viability of establishing the Company's first waste-to-energy plant in Saudi Arabia. Jizan is located in the southwest of the Kingdom, near the border of Yemen. A team of consulting engineers and scientists working with IPWG will be conducting the research in Jizan.

Peter Toscano, CEO of IPWG, said: "We are pleased with the rapid progress being made towards establishing our first waste-to-energy facilities in Saudi Arabia. The Kingdom of Saudi Arabia's economy is one of the world's fastest-growing. This fast growth has strained the Kingdom's limited drinking water supply and its electricity resources. IPWG's waste-to-energy technology, with its purified drinking water by-product, is, we believe, the perfect solution to the Kingdom's waste disposal, drinking water and electricity needs."

Once this location is determined as viable, a timetable will be developed for construction of the waste-to-energy facility. The Company expects that plant construction would begin in late 2006.