Generate or die

Generators are considered “a necessary evil” on construction sites, but the UAE's power generation market is now worth around US $200 million – and growing, reports Shikha Mishra.

To buy or not to buy - when it comes to generators, that is the question.

And the answer unanimously is to rent, as the rental market for generators shows higher growth as opposed to the sale market.

The generator rental business is booming simply because there is a shortage of new equipment.

According to market experts, even if a customer has the capital to buy a new or used generator, in all probability it won't be available.

Waiting lists for new generators are as long as 24 to 36 months. And at the rate at which projects are kicking off in the region, that is a month too many.

Julian Ford of Agrreko, says the Middle East generator rental market is doing exceedingly well, as compared to markets in other parts of the world that are not showing similar expansion.

"The requirement for generators is very high and sustained, as the rate of construction in the region is growing at a rapid pace. It will take a while for supply to catch up with demand," he says.

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