Moroccan Competition Council has approved a deal allowing Taqa Morocco and Nareva Holding to jointly take control of Energie Electrique de Tahaddart, which runs a major power plant near Tangier.
The two companies will buy at least 85% of the business and split it equally, each owning 42.5%. The move gives Moroccan private companies stronger control over one of the country’s most important electricity sites.
The Tahaddart power plant has been running since 2005. It produces about 400 megawatts of electricity and plays a key role in the national grid.
The partners also plan to build new gas-fired units at the same location through a future project called Tahaddart 2 & 3. This expansion could add between 1,000 and 1,400 megawatts, helping Morocco keep up with growing demand for power.
The deal is part of a wider partnership between Morocco and the United Arab Emirates to upgrade national infrastructure. Taqa Morocco, listed on the Casablanca Stock Exchange, is the country’s largest private electricity producer. It has long focused on coal power but is now moving into renewable energy and natural gas. Nareva Holding already runs major wind and water projects, including the Tarfaya Wind Farm, one of the biggest wind farms in Africa.
Natural gas is seen as a temporary step while Morocco builds more renewable energy. Gas power plants can quickly increase or reduce output when solar and wind production changes, and they produce fewer emissions than coal. The Tahaddart site is connected to the Maghreb-Europe Gas Pipeline, which makes fuel supply easier.
This project sits within a wider plan worth about 130 billion dirhams, or 13 billion dollars, to be completed by 2030. The programme includes big seawater desalination plants and a 1,400-kilometre high-voltage power line to move renewable energy from the south to industrial areas in the north.
In March 2026, the Competition Council launched a public consultation on more joint projects between Taqa and Nareva focused on water transport and renewable energy. In April, Taqa Morocco also reported progress on the Boujmil Wind Farm and the Noor PV II solar project as part of a long-term goal to reach a 96% low-carbon electricity mix by 2050. The government is speeding up work on a 3,000 megawatt power corridor to support the future expansion at Tahaddart.
