Southeast Asia Renewable Power Corporation
South East Asia Renewable Power Applies to Build Mini-Hydro Project in Free Port Area of Bataan
Southeast Asia Renewable Power Corporation / Key word(s): Miscellaneous South East Asia Renewable Power Applies to Build Mini-Hydro Project in Free Port Area of Bataan Toronto, Canada – February 28, 2011 South East Asia Renewable Power Co. Ltd.: Deutsche Börse symbol: SRL. (www.southeastrenewable.com), announced today that it has approached the Free Port Area of Bataan to build a mini-hydro site. The Mini-Hydro project would be built into an existing water supply dam. Preliminary studies conducted by the Company's technical consultant shows that the potential energy generated could range from 400(+) kilowatts (KW) during the dry months and peak at 1,100(+) KW during the wet season. The development would be designed to ensure that there is no impact on the current water supply function for the area. The power generated can be used to augment current power sources and reduce reliance on existing power generation sources to reduce the area's carbon emissions. Disclaimer & Safe Harbor Statement: This release may contain certain 'forward-looking statements' with respect to certain of South East Asia Renewable Power Co. Ltd.'s plans, goals and expectations regarding its future financial condition, performance, results, strategy and objectives. Words such as 'anticipates', 'expects', 'intends', 'plans', 'believes', 'seeks', 'estimates', 'may', 'could', 'would', 'might', 'will' and variations of these words or similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations, beliefs, plans, projections, objections, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements in this press release are not promises or guarantees of future performance and are subject to risks and uncertainties that could cause South East Asia Renewable Power Co. Ltd.'s actual results to differ materially from those anticipated. South East Asia Renewable Power Co. Ltd. cautions the reader not to place undue reliance upon any such forward-looking statements. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed herein as well as the following: (i) domestic and global economic and business conditions; (ii) market related risks and the performance of financial markets generally; (iii) the policies and actions of regulatory authorities; (iv) the impact of competitive factors; (v) risks and uncertainties associated with future acquisitions or combinations within relevant industries; and (vi) changes in capital, solvency or accounting standards as well as tax and other relevant legislation or regulations in the jurisdictions in which South East Asia Renewable Power Co. Ltd. operates. The actual results that South East Asia Renewable Power Co. Ltd. achieves may differ materially from any forward-looking statements which are based on management's beliefs and opinions at the time the statements are made. South East Asia Renewable Power Co. Ltd. does not undertake any obligation to update forward-looking statements should circumstances or management's beliefs or opinions change.
South East Asia Renewable Power Co. Ltd. Email: info@ southeastrenewable.com End of Corporate News 28.02.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
113721 28.02.2011 |