Wednesday, September 25

Taqa Morocco 2015 Net Profits Up 20.9pc

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Reuters
Trade Arabia

Taqa

Taqa Morocco’s 2015 net profit attributable to shareholders rose by 20.9 per cent to MD966 million ($97.72 million), the power company said in a statement on Thursday.

Owned by Abu Dhabi National Energy Co., Taqa Morocco operates the largest coal-fired power plant in the Mena region and supplies around 38 per cent of Morocco’s electricity. – Reuters

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