UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DCD.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the ~~Securities Exchange Act of 1934~~

Date of Report (Date of earliest event reported) March 15, 2013
3Power Energy Group, Inc. (Exact name of registrant as specified in its chapter)
Nevada (State or other jurisdiction of incorporation	333-103647 (Commission File Number)	98-0393197 (IRS Employer Identification No.)

Securities Exchange Act of 1934

~~P.O.~~Date ~~Box~~of ~~50006,~~Report ~~Sh.~~(Date ~~Rashid~~of ~~Building, Sh.~~Earliest ~~Zayed~~Event ~~Road.,~~Reported): June ~~Dubai~~12, ~~United Arab Emirates~~2018

~~(Address~~3Power ofEnergy ~~principal~~Group, ~~executive offices)~~Inc

~~011 97 14 3210312 Registrant's telephone number, including area code N/A~~ (~~Former~~Exact name orof ~~former~~registrant ~~address,~~as ifspecified ~~changed~~in its ~~since last report~~charter)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Nevada	333-103647	98-0393197
(State or other jurisdiction of	(Commission File Number)	(IRS Employer Identification No.)
incorporation or organization)

PO Box 50006

Sh. Rashid Building

Sh. Zayed Road

Dubai, United Arab Emirates

(Address of principal executive offices)

011 97 14 3210312

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

~~Item~~Indicate ~~5.02.~~by ~~Departure~~check mark whether the registrant is an emerging growth company as defined in Rule 405 of ~~Directors~~the orSecurities ~~Certain~~Act ~~Officers;~~of 1933 ~~Election~~(§230.405 of ~~Directors;~~this ~~Appointment~~chapter) or Rule 12b-2 of ~~Certain~~the ~~Officers;~~Securities ~~Compensatory~~Exchange ~~Arrangements~~Act of ~~Certain~~1934 ~~Officers~~(§240.12b-2 of this chapter).

~~Resignation~~Emerging ofgrowth ~~Officer~~company ~~and Directors~~¨

OnIf ~~March~~an ~~15,~~emerging ~~2013~~growth company, ~~the~~indicate ~~board~~by ofcheck ~~directors (the~~mark ~~“Board”)~~if ~~accepted~~ the ~~resignation~~registrant ofhas ~~Mr.~~elected ~~Umamaheswaran~~not ~~Balasubramaniam~~to asuse the ~~Chief Executive Officer and Director~~ ofextended ~~3Power~~transition ~~Energy~~period ~~Group~~for ~~Inc.,~~complying awith ~~Nevada corporation (the “Company”). Mr. Balasubramaniam’s decision to resign from the Board of the Company was not based upon~~ any ~~disagreement~~new ~~with~~or ~~the~~revised ~~Company~~financial onaccounting ~~any~~standards ~~matter~~provided ~~relating~~pursuant to ~~the Company's~~Section ~~operations, policies or practices as contemplated by Item 5.02~~13(a) of ~~Form~~the ~~8-K~~Exchange Act. ¨

OnItem ~~March 15, 2013, the Board accepted the resignation of Mr~~1.01 ~~James~~ENTRY ~~Wilson~~INTO asA aMATERIAL ~~Director~~DEFINITIVE of the Company. Mr. Wilson’s decision to resign from the Board of the Company was not based upon any disagreement with the Company on any matter relating to the Company's operations, policies or practices as contemplated by Item 5.02(a) of Form 8-K.AGREEMENT

~~Appointment~~On April 4, 2018, 3Power Shala Sh.p.k., a subsidiary of ~~Officer~~Shala Energy Plc, which in turn are majority owned by 3Power Energy Group Inc, entered into a legally binding Concession Contract with the Albanian Ministry of Infrastructure and Energy. The BOT (“Build – Operate – Transfer”) contract is the legally required sequel to Albania granting the 83.450 MW Hydropower Concession to the Company, as previously announced.

OnThe ~~March~~Hydropower ~~15,~~Plants ~~2013,~~in the ~~Board~~Shala Project are comprised of ~~the~~Lekaj, ~~Company unanimously~~Breg ~~approved~~Lumi ~~the~~and ~~appointment~~Vajvishti ofand ~~Sharif~~are ~~Rahman~~designed asto exploit the ~~Company’s~~hydro ~~Chief~~energy ~~Executive~~potential ~~Officer.~~of ~~Mr.~~the ~~Rahman~~water iscatchment ~~also currently~~of the ~~Company’s~~Shala ~~Chief~~River. ~~Financial~~Lekaj ~~Officer~~ and aBreg ~~member~~Lumi ofare ~~the~~hydropower ~~Board~~cascades and Vajvishti is a dam.

~~Sharif~~The ~~Rahman,~~total ~~age~~energy ~~63,~~capacity ~~Chief~~of ~~Executive~~this Concession ~~Officer~~is 83.450 MW and will generate 321,465,632 ~~Chief~~KWH. ~~Financial~~The ~~Officer~~Concession ~~and~~which ~~Director~~was granted for a period of 35 years commencing April 4, 2018.

Mr. Rahman has been a member of the Company’s Board since September 2011 and the Company’s Chief Financial Officer since October 2011. Mr. Rahman is currently the CEO of the Falak Holding Group of companies, a Dubai based group involved in several diversified business sectors including as the initiator and a major shareholder of the $3.6 Billion Dubai sport city project - the world’s largest sports themed real estate project.SIGNATURES

APursuant ~~graduate~~to ~~major~~the ~~in commerce from Kerala~~requirements ~~University~~of ~~in India, he joined~~ the ~~Falaknaz~~Securities ~~Holding~~Exchange ~~Group~~Act atof ~~its~~1934, ~~inception~~the 36registrant ~~years ago and~~ has ~~been~~duly ~~the~~caused ~~driving~~this ~~force~~report ~~behind~~to ~~the group’s~~be ~~projects~~signed -on ~~from~~its ~~the~~behalf ~~startup~~by ~~stage through to full operation. He remains~~ the ~~personal investment and business advisor~~undersigned tohereunto ~~Mr.~~duly ~~Falaknaz and family, a prominent Dubai-based high net worth entrepreneur and the founder & owner of the Falak Holding Group~~authorized.

~~Mr.~~3POWER ~~Rahman~~ENERGY ~~brings~~GROUP toINC. ~~the~~/s/ ~~Company~~Sharif ~~valuable expertise~~Rahman asName: anSharif ~~entrepreneur~~Rahman ~~and~~Title: ~~senior~~Chief ~~executive~~Executive ~~with~~Officer aand ~~history~~Chief ofFinancial ~~involvement~~Officer in(Principal ~~multi-billion~~Executive ~~dollar~~Officer, ~~projects.~~Principal HeFinancial ~~also~~and ~~brings a~~Chief ~~well-established~~Accounting ~~network~~Officer) ofDated: ~~relationships~~June in12, ~~the affluent communities of the Arabian Gulf region and India.~~2018

In addition to his long-standing work with the Falak Holding Group, he is also the Founder and managing partner of International Expo Consults, one of the Middle East’s leading exhibition and trade show organizers established in 1994, as well as Chairman and owner of a $25 million turnover business in India which he founded 20 years ago. Mr. Rahman is also known as Shereef Mohammed Haneefa Rehuman.

The Company has determined that Mr. Rahman’s extensive business experience and his key relationships within the Middle East and India have provided him with the skills necessary to serve as an officer and director.

Family Relationships

Mr. Rahman does not have a family relationship with any of the officers or directors of the Company.

Transactions with Related Persons

There are no related party transactions reportable under Item 5.02 of Form 8-K and Item 404(a) of Regulation S-K.

Employment Agreement

Currently we have not entered into any employment agreement with Mr. Rahman. The Board determined to remunerate Mr. Rahman, as Chief Financial Officer, for his services to the Company on a monthly sum of $15,000 and further reimburse all related expenses incurred by him. As of the date hereof, Mr. Rahman will not receive any additional compensation for his services as Chief Executive Officer.

Item 8.01. Other Events

Attached as Exhibit 99.1 to this report on Form 8-K (the “Report”) is a Letter to the Company’s shareholders, dated March 19, 2013. This letter is also posted on the Company’s website at www.3powerenergy.com. Also attached as Exhibit 99.2 to this Report is an Independent Analysis prepared by Illyrian Consulting Engineers and Avanntive Consulting sh.p.k.

Item 9.01 Financial Statements and Exhibits

Exhibit No. Exhibit Description

	99.1	Letter to Shareholders, dated March 18, 2013.
	99.2	Independent Analysis prepared by Illyrian Consulting Engineers and Avanntive Consulting sh.p.k.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 20, 2013 3POWER ENERGY GROUP, INC. /s/ Sharif Rahman By: Sharif Rahman Title: Chief Executive Officer and Chief Financial Officer

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