Pan Global Corp. (OTCPK:PGLO) is planning for acquisitions. The Company is in the process of conducting its due diligence review of a potential acquisition in northern India.

It is in discussions with two parties to acquire up to 30 MW of hydro power projects. Besides, it is also exploring additional opportunities for small-hydro potential in other areas, such as where traditional small-hydro technology cannot generate a fair return but new state of the art technology may be able to be implemented. Pan Global's management commented, “We are persistent in our belief that the potential opportunity in small-hydro power is tremendous.

We are planning and intend to become a major player in the development of small-hydro plants in India while contributing to the world's need for sustainable energy and providing value to our shareholders.”