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Abu Dhabi National Energy Company PJSC

Abu Dhabi National Energy Company PJSC
P.O. Box 55224
Abu Dhabi
United Arab Emirates
Fax: 97-12-6422555
www.taqa.ae

No. employees: 2,800
Turnover: 4,579.17 (US$m)
Financial year end: December

Company Overview

Abu Dhabi National Energy Company PJSC (TAQA) is engaged in power generation, water desalination and development, production and storage of oil and gas. It is actively involved in the global energy market through acquisitions and investments in various companies, which are involved in the energy sector. Its wholly owned subsidiaries include Emirates Power Company PJSC, Gulf Power Company PJSC, Arabian United Power Company PJSC, Al Shuweihat Power Company PJSC, Taweelah United Power Company PJSC, Union Power Holding Company PJSC, TAQA Bratani Limited, TAQA Bratani LNS Limited, TAQA Energy B.V., TAQA North Ltd. and Takoradi International Company. The company through its subsidiaries operates in Asia, Africa, Europe and North America. The company operates through two segments in three business streams, namely, upstream, mid stream and down stream. TAQA has recently bagged a $1.22 billion (AED10 billion) contract to construct two 350 megawatts (MW) production units at Jorf Lasfar coal-fired plant in Morocco. TAQA would be responsible for the design, finance, construction and operation of the two additional units at its Jorf Lasfar plant. The two units will function as a supplement to the existing four units.

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