New Delhi, February 5, 2018 – Jakson Group, India’s leading energy and engineering solutions company with presence in Powergen & Distribution, Solar, EPC and Defence industries, announced a strategic partnership with Al Naboodah Electrics, part of UAE’s oldest and most respected family conglomerates, Al Naboodah Group Enterprises (ANGE) to distribute its wide range of solar products including solar modules in the Middle-East market.
The solar business is one of the fastest growing verticals for Jakson and has presence across the value chain – from EPC to IPP, products and manufacturing. Its product portfolio includes solar modules, module mounting structures, solar power packs, solar water ROs, solar generators, solar street lights and solar water pumps amongst others.
With this partnership, Jakson and Al Naboodah Electrics will look to capitalise on UAE government’s Energy Plan, which aims to increase clean energy use by 50% by the year 2050 with solar based power playing a crucial role.
One of Al Naboodah Electrics’ first solar panel projects is the optimisation of ANGE’s own assets, which includes the ANGE Corporate Headquarters in Al Awir. Phase one of the rooftop project will see up to 25% of energy demands met through solar energy, with additional phases to follow.
Commenting on this key partnership, Sundeep Gupta, Vice Chairman & Managing Director, Jakson Group said: “The UAE is in a prime position to harness the abundant energy of the sun, and partnering with Al Naboodah Group Enterprises leverages the expertise of two leading companies in their respective fields. With Al Naboodah Electrics, our solar panels can be customised to support the energy strategies for a wide audience across the public and private sectors. We also have a wide range of renewable energy products and solutions for various applications.”
“This partnership is a win-win combination for both the organisations. Our expertise in solar and Al-Naboodah’s understanding of the local market offers us a unique competitive edge in the market,” added Praveen Pai, Director, Solar, EPC and Defence Business, Jakson Group.
Buti Al Naboodah, Deputy CEO, Commercial for ANGE, said: “The investment into renewable energy is a testament to Al Naboodah Group Enterprises’ commitment to creating a sustainable future. The launch of this business is a strategic move that fulfils our sustainability ambitions while aligning ourselves more closely with the UAE Vision 2021 and the UAE Energy Plan.”
Krishna Pillai, General Manager of Al Naboodah Electrical, said: “Our strategic partnership with Jakson Group, a proven leader in solar products manufacturing, is another step forward in our vision to provide a superior service. Offering a full portfolio of renewable energy solutions, Al Naboodah Electrics aims to help customers meet their energy demands while reducing their overall environmental impact. With Al Naboodah Group Enterprises’ considerable experience in engineering, procurement and construction, we’re able to deliver low-cost energy while maximising financial returns for our customer’s renewable energy projects.”
Besides UAE, Jakson has overseas operations in Bangladesh, Nepal, Singapore and several countries in Africa.
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