TAQA.CA 13.17 EGP
-1.35 %
Established in 2006 TAQA Arabia has successfully managed to incorporate 15 operating companies with a great level of expertise and know-how, in addition to the establishment of green field companies. All companies incorporated under TAQA Arabia’s umbrella had been working in the market for a long time and each has its own track-record of projects. TAQA Arabia have consolidated all its experience and expertise to become a full-power player operating mainly in Egypt with numerous successful projects in several Middle Eastern & African countries including UAE, Qatar, Jordan, Libya, Tanzania and Mozambique.
Recently TAQA Solar, TAQA Arabia’s Renewable Energy arm has been one of the first companies to finalize a 65MW PV solar power plant in Benban (Aswan)-part of the biggest PV solar park in the world. The project is Under the Egyptian governments feed-in tariff program and started commercial operation in Feb 2019. The project total investment reached US$ 72Million and was funded by the IFC along with other development banks from Finland, Austria, Bahrain & China. This project has received several recognitions and is being praised by the IFC and the world bank leaders as the best and most successful project of the year 2019.
Furthermore, TAQA Arabia is an active associate member of the International Gas Union. Founded in 1931, the IGU serves to promote the gas industry and represents more than 95% of the global gas market. This geostrategic membership allows us to share expertise and best practices with thousands of gas professionals from around the world. TAQA Arabia is also the founder of the Egyptian Gas Association (EGA) as well as a Co-founder and a significant key-player of the (Electricity distributors Association).
TAQA Arabia’s operation falls under 4 main platforms:
2. TAQA Power is the platform responsible for conventional & renewable power generation and distribution with contracted capacities of about 1 GW and more than 1 GWHR annual sold electrical energy for several sectors (Oil & Gas, Petrochemicals, Industrial, Touristic, Real Estate) in different geographical locations across Egypt covering more than 60 Million sqm and reaching about 8,000 customers.
3. TAQA Petroleum is the first privately owned Egyptian company with a license to supply and market petroleum products, it now operates 65 stations across Egypt under the brand name (TAQA) and have a JV with BP/Castrol to manufacture and distribute Castrol Products & Lubes in the Egyptian market.
4. TAQA Water is the latest corporate addition which transforms the group into the very first integrated services provider in the field of Energy & Water utilities throughout the MENA region. TAQA Water with a team of professionals and expertise exceeding 15 years in the water treatment field based on a highly experienced track-record primarily caters the industrial, agricultural, tourism & real estate development sectors through a variety of water treatment solutions adopting the latest energy saving technology.
Being the preferred regional energy services and utilities solutions provider, and to become a significant key player in the sustainable development and economic progress of MENA, Gulf and Africa.
To provide high quality services and products to meet the growing energy demand of the region, through our ethical practices and professional team in a way that would guarantee the highest value for our customers, secure our growth and success and provide the highest returns for our shareholders.
The continuous changes in the market enable us to be flexible and to easily adapt to all situations in order to be constantly up-to-date and keep serving our clients in the most professional and efficient way. TAQA Arabia is always seeking new opportunities in the wide energy sector, learning and gaining expertise by joining high caliber stakeholders into new projects and green-fields as well as gaining experience in order to consistently provide world class services to all our clients.
TAQA Arabia is positioned in the market as the (One Stop Shop) energy provider in Egypt. Providing residential, commercial, industrial clients with their daily need of Energy either natural gas, conventional or renewable energy services as well as oil marketing and sales to fuel their cars and daily transportation, TAQA Arabia is affecting the daily lives of millions of customers.
At TAQA Arabia, we lead with our long-term expertise and know-how in the energy industry, we can foresee the market and be prepared for fluctuations and market variations. We also have a great appetite for new developments and are keen to always being up-to-date with all world class researches and innovations that would always keep us ahead of competition. TAQA Arabia has always been a first mover in different aspects:
With income growth and a constant, outstanding financial performance, TAQA Arabia has the privilege of expanding its services whilst working on enhancing its current ones to preserve its integrity amongst all sectors.
Quality is TAQA Arabia’s solid intentions and that is why brand loyalty is what we strive for. We aim to fulfill our customers' needs, while covering their entire experience with nothing but wellness, positivity and continuity.
