TAQA is one of the largest desalination companies in the world. It is the majority owner of eight power and water plants across the UAE..
TAQA is one of the largest desalination companies in the world. It is majority owner of eight power and water plants across the UAE supplying more than 90 per cent of Abu Dhabi’s power and water requirements. TAQA’s plants also supply the Emirates of Fujairah, Umm Al Quwain and Sharjah with clean water.
TAQA has a 54 per cent interest in each of its eight UAE power generation and water desalination plants, with Abu Dhabi Water and Electricity Authority (ADWEA) having a 6 per cent interest in each such plant. The remaining 40 per cent interest in each of these plants is held by various international partners. Their total power generation capacity is 12,487 MW, and total desalination capacity is 917 million imperial gallons per day (MIGD).
The plants sell all their electricity and water production under power and water purchase agreements (PWPAs) with Abu Dhabi Water and Electricity Company (ADWEC), under which their compensation is based primarily on the availability of generation and desalination capacity rather than the amount of electricity and desalinated water produced.
Each of these plants is managed, operated and maintained by international partners under long-term operations and maintenance agreements between the relevant international partner and the generation subsidiary concerned.