Morocco
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.
