The recently concluded Middle East Energy Dubai trade event at Dubai World Trade Centre (DWTC) underscored the need for huge investment of US $109 billion in power infrastructure required in the Middle East region over the next five years. It brought together leading lights of the global industry, from energy ministers and utilities decision makers to innovative start-ups and future technology providers.
The India pavilion at the event was managed by EEPC India, the premier trade and investment promotion organisation in India. The exhibition was of importance for India whose export to the UAE was a provisional $24.27 bn in the current fiscal year (FY20) through January this year, making the UAE among India’s top five export destinations.
The National Investment and Infrastructure Fund (NIIF), India’s first sovereign wealth fund, signed a US$1 billion investment agreement with a wholly owned subsidiary of the Abu Dhabi Investment Authority (Adia) in November 2017, to invest in much-needed energy, transportation and other infrastructure-related sectors in India. ADIA is among the most active foreign investors in India and has deployed its funds in real estate, private equity and backed two of the largest renewable energy companies of India, investing over $400 million in ReNew Power and Greenko.
Middle East Energy, in its 45th edition, hosted new zones, including a customised Digitalisation Zone, highlighting the latest technologies in digital transformation and an expanded Renewables area. The Renewables sector displayed the enormous opportunities in alternative energy sources, from hydro and geothermal, to solar and wind. Furthermore, with leading global brands launching innovative solutions, the decision to reenergise the Middle East Electricity brand is timely, believes
event organiser Informal Markets, as the event continues to reflect how the world raises, distributes and consumes energy.
“ The energy transition is already under way and Digitalisation is playing a key role in developing this,” said Claudia Konieczna. Exhibition Director, Middle East Energy. “Since its inception, Middle East Electricity has constantly been at the heart of the industry; the transformation to Middle East Energy is designed to reflect the sector’s evolution. And how it impacts the way we live and work, while setting the agenda for global energy needs.”
After four and a half decades as Middle East Electricity (MEE), the rebranded Middle East Energy. Organised by Informa Markets – is the region’s leading trade event for the power industry. In 2020, Middle East Energy featured dedicated product sectors for Power Generation, Transmission & Distribution, Lighting, Renewables and Digitalisation.
Middle East energy 2020, the 45th edition of the trade-only event, was held under the patronage. Of HH Sheikh Maktoum Bin Mohammed Bin Rashid also Al Maktoum. Deputy Ruler of Dubai also and was hosted by the UAE Ministry of Energy, from 3-5 March. 2020 at Dubai World Trade Centre.
Middle East Energy is held under the patronage also of HH Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum. Dubai Deputy Ruler also and is hosted by the UAE Ministry of Energy.
Medieval East Energy will be open daily from 10-6pm and. Following a partnership between the event organiser Informa Markets. And Dubai Expo 2020, exhibition goers can purchase Expo also 2020 tickets at this week’s show. A range of Informa Markets exhibitions also will be held as part of the Expo 2020 experience.
© Entrepreneursface.com. All Rights Reserved.