Pan Global Corp. (PGLO) Transforming India’s Power Challenges into Growth Opportunities
As temperatures met a 62-year high in Delhi last June, a perplexing situation continued to unfold across India with regard to power. As unprecedented outages have become the order of the day, the country’s power sector finds itself in dire need of quick solutions from untraditional sources. A recent report by India’s Central Electricity Authority (CEA) indicated that the country’s energy shortage is expected to be just over 5% while peak shortage will be 2% during 2014. Industry experts suggest, however, that the report misses the real quantifiable mark and does not come close to representing the situation, which is…