Tuesday 21 January 2014

UAE's TAQA eyes investments in water projects in MENA, India | Reuters

UAE's TAQA eyes investments in water projects in MENA, India | Reuters:



"Abu Dhabi National Energy Company (TAQA) TAQA.AD plans to grow its water business via new projects and acquisitions across the Middle East and North Africa (MENA) as well as India by creating an independent operation, a company executive said on Tuesday.



Currently, the firm's power and water businesses operate together as in many of its markets water desalination and power generation plants are situated in close proximity.



The state-owned utility has investments in the energy and power sector from India and the Middle East and Africa to the United Kingdom and north America. Its desalination assets, however, are all located in the United Arab Emirates (UAE)."



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