FIEO’s PARTICIPATION in POWERELEC NIGERIA at LAGOS
(Airfare Reimbursement up to INR 1,25,000/-)
We are pleased to inform you that FIEO is organizing participation of Indian companies in the PowerElec Nigeria in Lagos, Nigeria to be held as per the following schedule:
Event Dates : 27 – 29 March, 2023 (Monday to Wednesday)
Venue : Balmoral Convention Centre, Victoria Island, Lagos, Nigeria
Timings : 10:00 am to 05:00 pm (Local Nigeria Time)
India and Nigeria have strong and deep rooted historical ties that stretch across economic and cultural spectrums. At present, India is Nigeria’s largest trading partner. The bilateral trade between India and Nigeria has grown strongly over the years. India’s exports to the country have grown remarkably to reach USD 4.66 Billion in 2021-2022. Nigeria with a population of 213 million is sharing borders with Benin, Niger, Chad and Cameroon.
Nigeria is the largest economy in sub-Saharan Africa, but limitations in the power sector constrain its growth. Nigeria is endowed with large oil, gas, hydro and solar resources, and it has the potential to generate 12,522 MW of electric power from existing plants.
THE EVENT:
POWERELEC NIGERIA is an exclusive B2B Expo set for Indian Exporters to get connected with the key stakeholders & decision-makers in the Power & Electronics sector in the West African Region. Procurement managers and suppliers will get to interact with Indian exporters and will enable them to strike bulk deals to ensure seamless operations. It’s a win-win situation for all stakeholders in the sourcing business for the entire value chain.
The first edition of B2B cum expo witnessed around 130 pre confirmed buyers and marked over 350 pre-arranged one to one B2B meetings in addition to the trade expo.
The second edition is once again set to have over 150 pre-confirmed buyers in addition to around 2000 trade visitors.
EXHIBIT PROFILE:
FIEO Pavilion will showcase the following exhibit categories in the PowerElec Nigeria 2023:
ØCaptive and Co-generation Plants, Geo Thermal, Thermal Power, Decentralised Generation, New & Renewable Energy Plants
·Generators and Diesel Generating Sets
·Wind and Solar Power Equipment
·Electric Drives, Batteries, Inverters, UPS Systems
ØTransmission & Distribution Equipment
·Transmission Lines, Towers & Accessories
·Sub Station Equipment
·Power and Distribution Transformers
·Switchgear and Control gear
·Measuring Instruments and meters
·Cables and Conductors
·Cabling and Wiring Products and accessories
·Capacitors, Insulators, Insulation Materials and Electrical Components
·Equipment for Alternate Sources of Energy
ØUtilisation, Controlling and Measuring Equipment
·Household Electrical Appliances and Products
·Safety Systems and Devices
·Lighting Systems and Solutions, Lighting Fixtures and Accessories
·Lamps and LEDs
·Regulating and Control Equipment
·Automation Systems
·Building Automation Products
·Rotating Machines
·Energy Saving Equipment
VISITORS PROFILE:
ØUtilities & IPP’s Public and Municipal Utility Owners & Managers
ØGovernment and Regulatory Executives
ØIndependent Power Producers
ØOriginal Equipment Manufacturers
ØPlants & Project Management Power / Heat Plant Owners & Operators
ØPlant Service Sector
ØProject Developers & Managers
ØEngineers Design / Structural / Construction Engineers
ØIndustrial Facilities Personnel Mechanical / Electrical Plant Engineers
ØInvestors & Advisors Strategic and Portfolio Investors
ØIndustry Consultants and Advisers
ØEnergy Traders & Trade Press
ØConstruction Engineers, Builders etc.
PARTICIPATION CHARGES:
The event is approved under Market Access Initiative (MAI) Scheme of the Ministry of Commerce & Industry, Govt. of India. After taking into consideration the grant from the Ministry, the participation charges are:
| FIEO Members: @ 1,45,000/- INR * FIEO Non-Members: @ 1,55,000/- INR * |
| Participation Fees includes built up stall 9 sqm (3m x 3m booth) having Elevated Fascia Branding with Company Name, Carpeting, Wall Panels, 2 lights, 2 chairs, one table, one socket, one dustbin, India pavilion branding & lunch on event days |
| Note: This fee does not include sending display material, any additional fixtures & furniture in the booth. These are to be borne by the companies. *INR 10,000/- extra for Corner Booth |
NOTE:
As per DOC, a company can avail MAI assistance up to a maximum of three times (including past cases) for a particular event.
AIRFARE SUBSIDY:
Eligible companies will be entitled for reimbursement of economy class Airfare on submission of documents after the completion of the event. The amount of reimbursement shall be subject to the approval and quantum of funds approved by the Ministry for the said event maximum up to INR 1,25,000/- (Only one Person Per Company i.e. only to Director, Proprietor, Partner, regular officer of the company on senior managerial Position will be eligible for the Airfare Reimbursement). 
