HD Revanna and son Prajwal Revanna are facing a probe over allegations of sexual harassment by a woman who worked in their household
world3 hours ago
The UAE will account for 5.8 per cent of regional power generation by 2011, said the company in a statement yesterday, quoting data from Business Monitor International, an online provider of information on emerging markets.
It noted that the UAE government has announced plans to expand its 10-gigawatt production capacity by at least 50 per cent by 2017. The country has been moving towards having an adequate supply of electricity for its rapidly growing economy, especially in Dubai, whose annual power demand rose by 14 per cent.
Vipin Sharma, the company's vice-president of sales for Eastern Europe, Middle East, Africa and India, said Tripp Lite would increase its presence here to help address the requirements of the UAE market, which uses around 11,000 kilowatt-hour of electricity for each person every year.
This can be done through new highly secure power protection equipment providing continuous power supply as well as power conservation.
'In line with this, we will be rolling out a specific plan, which will involve new product launches and further investments into our product development to fully maximise the potential of this market,' Sharma said.
The Dubai Electricity and Water Authority (DEWA) earlier said that power consumption in the emirate rose almost 30 per cent in 2006. Regional power-generation output is expected to rise 29.7 per cent to 1,473 terawatt hours between 2007 and 2011.
'Despite the various challenges in power production being faced across the region...we see significant movements to counter the offsetting effects of a potential power shortage to the region's economy and stability,' the statement said.
Sharma said Tripp Lite, a global company with operations in Dubai's Jebel Ali free trade zone, also plans to grow and expand in emerging markets like India.
The company will also set up operations in the Philippines, to take care of the Asia-Pacific market.
HD Revanna and son Prajwal Revanna are facing a probe over allegations of sexual harassment by a woman who worked in their household
world3 hours ago
Alsuwaidi bagged a second gold for the Emirates in the Adults Male -56 Kg category as Thailand topped the medal table on day one
sports3 hours ago
Last month, Abu Sitta reported that he had been banned from Germany 'for the month of April', and accused the authorities there of stifling freedom of expression
world3 hours ago
Report reveals over 52% of people spend more than seven hours a day on internet
tech4 hours ago
Dubai-based Adrian Meronk is among a quartet of players tied in the runner-up spot as Smash GC leads Team Event by one shot
sports4 hours ago
The prospect of a large-scale invasion of Rafah, where around 1.2 million civilians are sheltering, has sparked intensifying global alarm
world4 hours ago
The festival saw the participation of 120 students in school theatre, Arabic calligraphy, and visual arts
uae4 hours ago
The PTI founder emphasised a deal is made by someone who wants to leave the country or avoid incarceration
asia4 hours ago