Chairman's message,


To our valuable shareholders and investors we are pleased to present the first edition of the company E News letter. The objectives of this  Newsletter is to provide an update on activities and work in progress as well as major market events and trends.
We will be delighted to receive your comments and questions on the email ID IR@3powerenergy.com


Thank You,
Mr. Mohammed Falaknaz
Chairman of the Board


3 Power Energy Group INC. aims to be one of the world leading developers, owners  and operators of renewable energy power plants generating electricity from Wind, Solar, Hydro Electric, waste and Biomass.

PROJECTS UPDATE
The Company is making substantial progress in the legal and technical due diligences work for the acquisition of projects under the frame agreements signed in January 2012.

Albania:
Company lawyer in Albania delivers the first draft from the legal due diligence of the Shala River 127 Mwt project. Final report is expected to be submitted soon. The project partners started the drafting of the definitive acquisition agreement and plan to present for investors by mid April. Company management and projects owners meet in Athens this week for further discussions.

3Power is evaluating other Hydro Electric Power projects in Albania on Rapuni & Benca-Tepelena Rivers and in Bulgaria on ISKAR River. This comes as the company is aiming at strengthening its position in the Balkan countries.

Italy:
Technical and legal due diligences are in progress.
The company is in preparation of the documents required to replace the current owners in the project financing contracts with debt providing banks.

Projects funding:
The company intends to file a registration statement under the securities act of 1933 (FORM S-1) to issue new shares for the purpose of raising funds required for the project acquisition, company financing and market creation for the company's shares.

The offering will be for raising USD 75M in a placement to selected investors. The company management are currently working with its financial advisors to define the placement terms.


BREAKING NEWS

3Power enters the USA Renewable Energy Sector.
3Power is looking at several opportunities in the USA market to acquire licenses and operational renewable energy power plants specifically in Wind + Waste & Biomass Energy.


Frequently Asked Questions

Why things are taking long time?
The project allocation and selection is a very sophisticated process. The company has to go through a lot of procedures to make sure that the licenses, permissions, land title are all clean and clear from the legal point of view. Many hectares of land have to be visited and checked by our engineers and for the grid connected ones all the equipments, cablings, fittings will have to be examined in order to ensure the long term electricity generation. Insurances and long term financing banks documentation have to be completed. After all of the above, we have to prepare the placement memorandum digesting all these information to be presented to our cash equity providing investors. Considering the size of the projects we are trying to accumulate in our portfolio we are in fact moving on a very reasonable pace.

What are the plans for funding and when is that going to happen?
As soon as the due diligence is completed and placement memorandum as well as the S1 statement is filed we will be presenting the projects to a selected group of investors who have demonstrated their interest.

Are you planning to be on AMEX or any other main boards?
It is definitely one of our core objectives. We intend to take steps forward in this direction as soon as we complete the current projects acquisition and funding.

Why are you working on several resources at the same time, and why targeting such a large market foot print?
The answer to that is our Economic Strategy fundamental :
Balanced Risk Management+ Sustainable Revenues +Higher Margins = Shareholders Value

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