UBM acquires Renewable Energy India

UBM plc has acquired Renewable Energy India exhibition on behalf of UBM Asia from the Exhibitions India Pvt Ltd.

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 ofThailand 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 toSanjeev 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).

Hong Kong & India, New Delhi

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