Loans Payable

12 Months Ended

Mar. 31, 2015

Loan Payable [Abstract]

Loans Payable

5. Loan Payable

On October 29, 2011, the Company’s wholly owned subsidiary, PGEP, assumed a $645,975 (£435,000) loan, bearing interest at 6.5% per annum and due on December 31, 2013. The loan was made for the exclusive purpose of assisting in financing the consulting work required to obtain planning permission for a biomass power plant, which is being conducted through EPSB. On April 15, 2012, the lender agreed to waive its right to interest on the loan.