TAQA Morocco

Major player in Morocco's energy sovereignty

General Information
Company Name
TAQA Morocco
Founded Year
1997
Location (Offices)
Morocco +1
Founders / Decision Makers
Number of Employees
307
Industries
Energy, Oil and Gas
Funding Stage
-
Social Media

TAQA Morocco - Company Profile

TAQA Morocco is a subsidiary of the TAQA Group and is the first independent power producer in Morocco, listed on the Casablanca Stock Exchange. Operating the largest independent coal-fired thermal power plant in the MENA region, the company, established in 1997, covers nearly 40% of the national demand with 19% of the installed capacity. Through its thermal power station in Jorf Lasfar, TAQA Morocco is the main supplier to ONEE (The National Office for Electricity and Water).

Equipped with high-performance facilities, TAQA Morocco's power plant ensures an availability rate of more than 90%. The company's strategy is focused on supporting the sustainable future of the Kingdom of Morocco by producing safe, reliable, competitive, and decarbonized power and water. Its commitment to optimal output and reliability is evident through the implementation of a rigorous preventive maintenance program and an experienced workforce.

TAQA Morocco solidifies its position as a major player in the energy sector of Morocco's by concentrating on its goal to support the country's energy sovereignty. With a focus on Energy and Oil and Gas industries, the company plays a pivotal role in meeting the nation's energy needs. Although specific details regarding recent investments and investors are not available, TAQA Morocco's influence and contribution to the Moroccan energy landscape are undeniable.

Taxonomy: Independent Power Producer, Thermal Power Generation, Coal-Fired Power Plant, Energy Sovereignty, Electricity Supply, Power Plant Operations, Preventive Maintenance, Decarbonized Power, Sustainable Energy, Energy Infrastructure, Reliable Power Generation, Electricity Market, Power Supply, Energy Sector, MENA Region

Funding Rounds & Investors of TAQA Morocco (0)

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There is no investment information

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