ower producer TAQA Morocco earned net income group share of 723 million dirhams over the first nine months of 2026, up 6.1% on a year earlier, according to the third-quarter indicators it released on November 12.
Consolidated revenue for the nine months was almost flat, at 7,999 million dirhams. In the third quarter alone it rose 12.9%, to 2,911 million, as higher coal prices pushed up energy costs.
Net consolidated debt fell by 463 million dirhams over a year, to 5,389 million. Over the same period capital spending nearly tripled, from 225 to 643 million dirhams.
The availability rate of the six units at the Jorf Lasfar power plant came to 89.3% over nine months, against 91.9% a year earlier, because of a planned 25-day overhaul of Unit 3 and scheduled inspections.
The group also brought four new project companies into its consolidation scope, each 42.5% owned, two of them dedicated to seawater desalination in Tangier and in Nador province.
Photo: TAQA Morocco.
