TAQA Arabia, the leading private energy distribution group and a subsidiary of Qalaa Holdings, plans to implement solar power plants and gas projects in Sudan.
A delegation, led by the president of Qalaa Holding, Ahmed Heikal, met the head of the Sudanese Sovereign Council Abdel Fattah Al-Burhan and Prime Minister Abdalla Hamdok in the presence of several Sudanese ministers and officials, to discuss energy cooperation.
The meeting included a review of TAQA Arabia plans, as well as economic reforms undertaken by the Sudanese government to improve the country’s investment climate. Sudan unified the exchange rate and amended the investment law, which would pave the way for the establishment of gas and solar projects that TAQA Arabia intends to implement.
According to a statement released by TAQA Arabia, the Sudanese Prime Minister has given direction to the relevant ministries in the coordination and cooperation with Qalaa Holding, represented by TAQA Arabia, to implement solar energy projects as one of the projects important issues that are part of the government’s priorities. .
TAQA Arabia has implemented several gas delivery and solar power projects in Egypt, and is seeking to expand into the Arab and African markets, as part of its plan to increase investment in Africa and the Middle East.
As part of its expansion plans, it created a new water treatment solutions company, Taqa Water, to become the leading integrated services company in Egypt and the Middle East, primarily serving the industrial sectors, agriculture and tourism, in addition to real estate. development sector.
Heikal said TAQA Arabia decided to establish and operate a water company to support the Egyptian state and government strategy to find solutions to overcome water scarcity, expand modern irrigation systems and establish water desalination plants.