Pan Global Corp. (PGLO) Reports Acceptance of Final Engineering Due Diligence Report on Small-hydro Plant Acquisition Target
Today, Pan Global reported in a news release that it had received and accepted the final engineering due diligence report for another small-hydro plant it has been looking at in northern India. The company has identified the 9.5 MW small-hydro plant as a second prospective acquisition target, in its ongoing bid to engage in sustainable energy projects in India. The due diligence report for the new acquisition prospect was prepared by the global engineering consultancy company, Tractebel Engineering Pvt. Ltd. Pan Global has been making steady progress in its staggered acquisition of another small-hydro plant in northern India from Regency…