About

TAQA Morocco was founded in 1997 to meet Morocco’s commitment to enrich its energy mix and to provide the resources necessary for its economic development. TAQA Morocco is the main IPP in Morocco, with 6 Production Units constituting the largest coal-fired power station in the MENA region. 

TAQA Morocco operates 19% of the installed capacity in Morocco and produces 38% of its electricity needs. As part of TAQA Group, a world reference in the utilities sector, TAQA Morocco has a high performance industrial tool with a port and logistics infrastructure meeting international standards in the sector. TAQA Morocco today supplies Morocco with electricity at optimized costs, whilst respecting the environment to create sustainable and shared value.

Leader in private power generation in Morocco since 1997, TAQA Morocco aims to accompany the low-carbon strategy of the Moroccan energy mix and to support the national water plan by capitalizing on the experience of the TAQA Group

TAQA Group

Established in 2005, TAQA Group is a diversified utilities and energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA has significant investments in power and water generation, transmission and distribution assets, as well as upstream and midstream oil and gas operations. The company’s assets are in the United Arab Emirates as well as Canada, Ghana, India, Iraq, Morocco, Oman, the Netherlands, Saudi Arabia, the United Kingdom and the United States.

TAQA is a top 5 integrated utilities champion in the Europe, Middle East and Africa region with power and focuses on growth through meeting increased power, water and network capacity needs. For more information, please visit www.taqa.com

TAQA Group

History

Since 1997, TAQA Morocco has kept pace with Morocco’s development by ensuring a steady supply of energy with an installed power capacity of 2,056 MW, to meet the needs of more than 18 million citizens. After the commissioning of Units 1 & 2 in 1997, with an initial capacity of 660 MW, TAQA Morocco built Units 3 & 4, commissioned respectively in 2000 and 2001, bringing the overall capacity to 1356 MW through an investment of 1.2 billion dollars.

Due to its unique know-how in the development and management of coal-fired power plants, TAQA Morocco was able to realize the construction and commissioning of Units 5 & 6. These represented an investment of USD 1.6 billion

TAQA Morocco (formerly Jorf Lasfar Energy Company) was created. Transfer of Units 1&2. Launch of Units 3&4 construction.

Commercial launch of Unit 3 and Unit 4.

Founding the Jorf Lasfar Energy 5&6 subsidiary with a capacity of 350 MW each.

« African Power Deal of the Year 2012 » award for the financing of the Jorf Lasfar JLEC 5 & 6 Thermal Power Plant extension project by Project Finance magazine in London. « Best Partnership Award 2012 » from the World Investment Conference North Africa in Marrakech. IPO on the Casablanca Stock Exchange.

Commercial launch of Units 5&6. Quality ISO 9001, Health & Safety OHSAS 18001, Environment ISO 14001 Certification for all TAQA Morocco activities.

Obtaining the Corporate Social Responsibility Label from the CGEM.

Extend the power supply agreement (PPA) for Units 1 to 4 to 2044 to align with Units 5 & 6.

TAQA Morocco QSE certification renewal with the transition to the new ISO 45001 V2018 standard. Top CSR Performer by Vigeo Moody’s.

TAQA Morocco has been awarded a contract to develop five solar sites within the framework of the multisite solar program Noor PV II.

Consult also

Vision, Mission & Values
Vision, Mission & Values
Governance
Governance
Thermal power plant
Thermal power plant