HONG KONG, February 28, 2012 /PRNewswire/ --
UBM plc announces it has acquired Renewable Energy India exhibition on behalf of UBM Asia (http://www.ubmasia.com) from the Exhibitions India Pvt Ltd. Renewable Energy India (http://www.renewableenergyindiaexpo.com) is India's leading event for the renewable energy sector.
(Logo: http://www.prnasia.com/sa/2010/04/19/20100419602891.jpg )
Renewable Energy India is an annual exhibition held in New Delhi to serve the Indian renewable energy market. It focuses on non-depleting and environmentally-friendly renewable energy sources such as solar, wind, biomass, hydro, cogeneration and geothermal. Launched in 2007, the 2011 event held from August 10 -12 spanned over 10,000 square metres of net exhibition space, attracting 527 exhibitors from 33 countries and over 16,000 trade visitors and conference delegates. In 2011 it generated revenues of approximately US$2.3m.
The demand for electricity in India is estimated to grow at an annual rate of 8%, driving heavy investment on developing renewable energy. Riding on these robust potentials, UBM's experience in staging similar events in Asia will help to grow Renewable Energy India further. Renewable Energy Asia in Bangkok is held in co-operation with the Ministry of Energy of Thailand and attracts visitors from across the ASEAN region. The Green Energy exhibition in Kuala Lumpur is hosted by Tenaga Nasional, the largest power company in South-East Asia.
The event's founder, Prem Behl, will remain with the business as a consultant. Mr Rajneesh Khattar, President - Renewable Energy India and the Renewable Energy team of four staff will be incorporated into UBM India New Delhi office, reporting to Sanjeev Khaira, Managing Director of UBM India.
Jime Essink, President and Chief Executive Officer of UBM Asia said:
"This acquisition proves again the commitment of UBM to further strengthen our leading position in India and we welcome Rajneesh and the Renewable Energy India team to the big UBM family."
Renewable Energy India 2012 is scheduled to be held from 7 - 9 November 2012 at the India Expo Centre & Mart, Greater Noida (National Capital Region).
Notes to Editors
- About UBM Asia (http://www.ubmasia.com)
Owned by UBM plc listed on the London Stock Exchange, UBM Asia operates in 18 market sectors with headquarters in Hong Kong and subsidiary companies across Asia, including UBM China in Shanghai, Hangzhou, Guangzhou and Beijing. We have over 200 products including trade fairs, conferences, trade publications, B2B/B2C portals and virtual event services. As Asia's leading exhibition organiser and the biggest commercial organiser in the two fastest growing markets in Asia: China and India, we stage the leading events of their kind across Asia. Our 150 events, 24 publications and 16 vertical portals serve a 1,000,000 plus quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world with high value face-to-face business-matching events, quality and instant news on market and industry trends and round-the-clock online trading networks and sourcing platforms. We have 1,000 staff in 21 major cities across Asia, stretching from Japan to Turkey. - About UBM plc (http://www.ubm.com)
UBM plc is a leading global company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.
For press enquiries, please contact:
Jennifer Law, Director of Communications, UBM Asia
Tel: +852-2516-1691
Fax: +852-3749-7342
Email: Jennifer.Law@ubm.com
Violet Wong, Corporate Communications Executive, UBM Asia
Tel: +852-2516-1679
Fax: +852-3749-7342
Email: Violet.Wong@ubm.com
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