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.
About Jakson Group
Jakson Group is a leading energy and engineering solutions company offering a range of products and services that help our customers effectively meet their diverse needs in a safe and sustainable manner. The company is driven by its core values of building enduring relationships and its vision to be a trendsetter in energy and EPC solutions. Jakson core businesses include Powergen & Distribution, Solar, EPC and Defence. It also has investments in the Hospitality and Education sectors. The group has an extensive presence in India with 2000 employees, four manufacturing facilities, one Global Training Centre, 22 Sales Offices, two Service centres and a wide network of channel partners and dealers. For more information, please visit www.jakson.com.
About Saeed & Mohammed Al Naboodah Holding LLC:
Founded in 1958 by two brothers, the Saeed & Mohammed Al Naboodah Group is among the most well-respected family company names in the UAE. Set up in 1979, Saeed & Mohammed Al Naboodah Holding LLC is the family parent company for the Group. It is run by a Board led by our Group Chairman.
About Al Naboodah Group Enterprises:
The management of the Group’s operating divisions is undertaken by Al Naboodah Group Enterprises (ANGE). Employing over 16,000 people and over 40 nationalities, the ANGE core business focus covers civil engineering, building and MEP as well as a diverse portfolio of global brands in the transportation, travel, electrical, logistics, agriculture and fit-out arenas. The Al Naboodah brand is renowned for the delivery of world-class projects and services within demanding schedules and exceeding the quality demanded by its clients.