3Power Energy Group Enters Into a Frame Agreement to Acquire 75% of a 127.6 MW Hydroelectric Power Plant Concession in Albania, One of the World's Richest Water Resource Countries

NEW YORK, Jan. 4, 2012 /PRNewswire/ -- 3Power Energy Group Inc. ("3Power" and "the Company") (OTCBB:PSPW) (Frankfurt:PSD) is pleased to announce that the company entered into a frame  agreement with an Albania based investment group to acquire 75% of the concession rights to develop Hydroelectric power Project on Shala River, in Albania, of a licensed total installed power of 127.6 MW. The BOT Concession Agreement with th...continued PSPW  Services

URL: http://www.investorpoint.com/news/OTCBULLB/47278875/