Dubai, 18 December 2011: La Fontana di Trevi, a Dhs. 80 million residential development, has become the first property project in the Arjan master community to receive electricity connection from Dubai Electricity and Water Authority (DEWA), paving the way for its developer, Dubai-based Triveni Builders and Promoters Ltd, to begin the handover of apartments to investors and individual home owners.

La Fontana di Trevi, which is one of the few ready properties in the Arjan master community, is located opposite Dubai Cricket Stadium, just off Emirates Road. Arjan is centrally placed between Al Barsha South and Motor City, and access roads are linked to the free flowing traffic of Umm Suqeim Road, as well as Emirates Road. The Arjan master community is being developed by Mizin, the project’s master developer. Mizin is now part of Dubai Properties Group (DPG).

Plans to establish the Arjan power station were shelved in the wake of the global economic crisis but the master developer ensured that the La Fontana di Trevi residential complex got power from the DEWA sub station located at the nearby Dubiotech development.

Expressing his appreciation to the master developer and DEWA for their continued support, Mr. Ashok J. Galgotia, the CEO of Triveni Builders and Promoters Ltd, a wholly-owned company of the Triveni Trading Group, said that the supply of electricity added yet another feather to La Fontana’s cap.

Listing the several “firsts” to its credit, Mr. Galgotia said that La Fontana di Trevi ‘s Chicago-style concept design was the first in Arjan to get approval, it was the first property project to have all its units sold out within 17 days of its launch, the first construction work in Arjan started at La Fontana di Trevi with a ground-breaking ceremony on  National Day in December 2008, and in June this year it became the first project to have completed construction.

“With La Fontana di Trevi being connected to the DEWA electricity grid, we have kept our reputation as a trend-setter and trustworthy developer intact. In fact, the story of La Fontana di Trevi is one of courage, conviction and determination to stay calm in the middle of a storm. For us it was a struggle throughout 2009, 2010 and 2011, as we tried to make ends meet but instead of throwing in the towel, we decided to stay the course”.

“We have now seen our efforts bearing fruit and are proud to have become an example for small private developers, who have been brave enough to persevere despite the heavy odds. We also wish to thank the consultants, main civil contractors and all small nominated sub contractors who reposed their trust in Triveni Builders during the tough years, and contributed hugely towards the project’s completion,” he added.

La Fontana di Trevi’s 122 contemporary and elegant residential apartments are built on architectural excellence based on the fashionable Chicago Style buildings comprising large “Chicago windows,” metal-frame construction, distinctive bays, and terracotta cladding. Each of its six floors has studios, one-bedroom and two-bedroom apartments, ranging from 410 sq ft to 1440 sq ft, and based on judicious use of light and space.

Mr. Galgotia revealed that only 17 Units ,all in one–bedroom format acquired from speculators and defaulters are still available for sale. However, the builder is in no hurry to sell these remaining 17 units as the demand for good quality property is going up. Mr. Galgotia recalled a famous Arab saying which says that property gets sick but never dies!

Being a significant development for the middle-income segment, the rentals at La Fontana di Trevi are reasonably priced, with one-bedroom apartments starting from Dhs.36,000 per annum and two bedroom apartments starting from Dhs. 45,000 per annum. Better Homes has been appointed as Sales/Leasing agents.

“Now that the construction phase is over, our apartments are ready for delivery. We plan to begin handing over of apartments starting January 15th 2012, and several home owners are relieved, excited and eagerly waiting to move in.

La Fontana di Trevi, which is named after the legendary and world famous fountain in Rome, offers several facilities and features to residents, notably, two water features at the ground level and a temperature-controlled swimming pool, sauna, steam room and gym for residents at the roof-top level. All residents will get designated car parking bays. The complex also has an air-conditioned party hall, which will be offered by the Owners Association to the residents for various activities such as the hosting of birthday parties and other community celebrations.

Triveni Builders and Promoters have assured that a good, functional ‘Owners Association’ will be operational as soon as possible and with facilities management in place, services like security, cleaning and maintenance of common areas “are guaranteed to be the best in town”.

An abundance of lush green space is earmarked for the stylish master planned neighborhood, and the developer is now focusing on state-of-the-art landscaping within the building at the ground level in a huge area of approximately 15,000 sq ft, in line with local green building practices, as part of their commitment to the protection of environment.

Triveni Builders and Promoters have also taken measures to protect all its existing and future property owners and investors by establishment of a separate bank account for community service fees.

The company is a subsidiary of Triveni Trading Group, which was founded in 1993 in UAE as an engineering company involved in electrical and mechanical engineering products.

GCC electricity consumption is expected to increase 2.5 percent annually until 2035

GCC electricity consumption is expected to increase 2.5 percent annually until 2035 with Gulf residents set to become the world’s highest consumers of electricity per capita, a new report has said.

Residents in the Gulf consume 47 percent of the total electricity with just 10.5 percent directed towards industry needs compared to a global average of 37.7 percent, Deloitte said in its white paper on energy and resources in the Middle East.

Consumers will have to reduce domestic demand amid an increase in industrial activity, warned Deloitte.

“Residents of GCC countries use more electricity domestically than their counterparts in the United States,” Kenneth McKellar, partner and energy and resources leader at Deloitte, Middle East, said in a statement.

“GCC countries have embarked on economic diversification plans, with industrialisation as a key component of the long term strategies which they are pursuing,” he added.

“Based on the existing electricity consumption patterns of other industrialised and industrializing countries, the success of this strategy may, alongside other measures, require a rebalancing in electricity consumption from residential to industrial sectors in the long term.”

The GCC states, controllers of nearly 45 percent of the world’s oil and 25 percent of the global gas wealth, are spending billions of dollars on industrial projects in a bid to diversify their economies away from oil.

Oil producers plan to spend nearly $25bn on new aluminum projects and expansion of their existing smelters in the next 12 years, the secretary general of the GCC’s aluminum council said in January.

“The aluminum sector has largely developed to become one of the main pillars of economic activity in the region and contribute actively to economic diversification programmes,” said Mahmoud Al Dailami.

“Investments in the aluminum sector in the GCC are expected to climb to nearly $55bn in 2022 from around $30bn at present…the investments will cover new projects and expansion of existing smelters,” he added.

Dubai in August said it would not raise water and electricity tariffs in the next few years despite rising demand for electricity in the emirate.

“There will be no increase in the tariff of electricity and water consumption during the few coming years in Dubai,” Nejib Al Zaafrani, secretary general and chief executive of Dubai’s Supreme Council of Energy (SCE) said in a statement.

GCC Power 2010 provides direct access to the latest energy technologies, techniques and best practices from leading international companies

September 15, 2010

Thani al khosabi

The GCC is poised to make large-scale investments for energy projects, technologies and techniques in line with the region’s spiralling energy demand, which is expected to increase by up to 85 per cent in 2030 over 2008 levels. In this regard, development and expansion initiatives in the GCC’s electricity sector have been attracting the attention of major international companies as the region undertakes some of the largest electricity projects in the world, including a recent USD 3.5 billion contract awarded for an electricity network expansion in Qatar.

Building on the GCC’s strong growth prospects, global industry players will be discussing the latest development prospects, trends and challenges in the electricity sector at GCC Power 2010, the 8th Regional Conference for National Committees of CIGRE (the International Council on Large Electric Systems) in the Arab Countries and the 15th Exhibition for Electrical Equipment to be held from October 18 to 20, 2010 at the Ritz Carlton Hotel in Doha, Qatar. The exhibition will cover all aspects of the production, transportation and distribution of electricity and will provide leading industry professionals, manufacturers, suppliers, contractors and specifiers a direct access to project directors, GCC ministries, government bodies and a variety of high-level decision makers involved in the electricity sector.

Engineer Thani Al Khusaibi, Chairman, GCC CIGRE, said: “This is a crucial transition period for the GCC’s electricity sector as increasing industrial activity and growing population continue to drain electricity supply levels. We are now witnessing large-scale development projects implemented all over the region to address the spiralling demand for electricity and it is our mission to help ensure the success and sustainability of these projects by promoting a healthy exchange of information and expertise in the field of electricity systems. GCC Power 2010 certainly provides an excellent platform for us to reach out to a wider range of audiences and generate greater awareness through various conferences, seminars and research activities.”

GCC Power 2010 is owned by GCC CIGRE, the GCC regional committee for large electricity systems. Established as a non-profit organisation in 1985 by a resolution of Their Excellencies the GCC Ministers of Electricity & Water, GCC CIGRE is mainly devoted to encourage the exchange of information and expertise in the field of electricity systems through conferences, seminars and research.

GCC Power 2010 has been organised to offer unparalleled access to the region’s growing electricity market, providing information about exciting developments and latest research in the region’s electricity industry. The event will gather the world’s biggest names in the power industry, including government decision-makers, leading regional and international power companies and respected industry advisors, as well as regional experts and thousands of trade visitors from the GCC, Europe and the USA.

GCC Power 2010 will host a special conference that will discuss development, technologies and techniques in System Operation and Control, System Planning, Development and Technical Studies, Substations, Power Transformers and Reactors, Switchgear and HV Equipment, Transmission Lines and Cables, HVDC and Power Electronics, and Emerging Technologies.

Organised by IFP Qatar, GCC Power 2010 is expected to gather a much greater number of international delegates compared to previous years as the event has been expanded to include several other countries in the Arab World. The increased participation will open more opportunities to build trade links, establish strategic partnerships and generate fresh business leads in the regional

Leading printing solution provider highlights label printers suitable for electricians, cable installers and other electrical professionals

February 09, 2010

Brother Gulf, a global leader in the development and manufacturing of printing, communication and digital imaging products for homes, SOHOs and enterprises, is showcasing its ‘P-Touch’ label printers at the ‘Middle East Electricity 2010’, a leading regional event dedicated to the energy and power generation industry, which opened today (February 9, 2010) at the Dubai International Exhibition Centre. The company’s participation is in line with its aims to deliver reliable label printers that can withstand harsh environments and provide key benefits for electricians, cable installers and other electrical professionals.

The two ‘P-Touch’ label printers currently being showcased at the event include the PT-7600, and the new PT-9700PC, which boasts of a print speed of up to 20mm/second using TZ laminated tape and up to 80mm/second using HG tape. Both are high performance, PC compatible labelling systems that are capable of database and barcode printing, with the PT-9700PC also incorporating an automatic cutter. In addition to creating labels that can withstand water, chemicals and heat, the key benefits of using ‘P-touch’ also include professional installation, and ease of operation and maintenance through labels that help in identifying electrical and network components and safety through professional warning signs.

“Our decision to participate at the ‘Middle East Electricity 2010’ for the first time is aimed at positioning ‘Brother’ as printer of choice within the electrical and energy sector, seeing the extensive use of these equipment for both efficiency and safety purposes,” said Shinji Tada, Managing Director, Brother Gulf. “By demonstrating our professional labeling machines and durable labels to visitors, we are looking forward to identifying key contractors and cable installers who require our reliable labeling solutions. “

Other features incorporated within PT-7600 label printers include a backlit LCD display, rechargeable battery, automatic numbering, and ability to upload database and label designs using USB connection. It can also print electrical, audio and video symbols, and has built-in label formats that serve electrical industry applications including normal, port, panel, cable, rotate, rotate and repeat and vertical. Meanwhile, Brother Gulf’s ‘P-Touch’ distributor in the UAE, Almoe Digital Solutions – which is active in serving labeling needs of corporate clients across industries – has joined Brother during its participation in Middle East Electricity 2010. Brother’s booth is located at Stand No. 8E26, Hall No. 8.

“Our label printers can create detailed, easy-to-read labels that contain symbols and even the company logo, as well as professional warning signs and information labels to instruct users on key safe points. We have identified ‘Middle East Electricity 2010’ as an excellent platform to highlight all these benefits within the electrical and energy sector, and we are confident that this initiative will yield favourable results for us,” concluded Tada.

More than 40 world leading renewable energy companies from China have confirmed their participation in the World Future Energy Summit Read the full story

The Dubai government team assigned to develop business activities headed by the Dubai Department of Economic Development (DED) Read the full story

ELECRAMA-2010 on the cards

Mr. Vimal Mahendru, Vice President, Indian Electrical and Electronics Manufacturer’s Association (IEEMA)

The UAE’s water and electricity sector is set to attract AED 35 billion ($9.5 billion) worth of investments over the next five years. This has attracted India’s Elecrama, the largest electricity exhibition in the East   to attract  power generating companies from the emirates. Read the full story

More than 3000 participants track down new business opportunities in world’s biggest power and electricity market

Saad Ahmed Al Mohannadi, Executive Secretary, GCC CIGRE

GCC Power 2009 Conference and Exhibition, a centralized platform for regional and international players to explore on of the world’s largest energy markets, has concluded today a three-day presentation of the latest trends and innovations, empowering exhibitors and trade visitors with a wider range of vital industry insights to pursue various new deals and projects. Read the full story

• Kuwait Ministry of Electricity and Water Selects GE, Hyundai Heavy Industries to Build New Power Plant in Sabiya

GE Energy yesterday announced that the Kuwait Ministry of Electricity and Water has signed a turnkey contract with GE and Hyundai Heavy Industries totaling $2.65 billion for a new, 2,000-megawatt (MW) power plant in Sabiya. Read the full story

Gulf Investment Corporation (GIC) and GDF SUEZ have completed the limited recourse financing of the $2.1 billion Al-Dur Independent Water and Power Producer (IWPP) project (the Project),

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