Morocco Announces Strategic Partnership with TAQA Morocco, Nareva, ONEE, and Mohammed VI Investment Fund to Advance Power and Water Infrastructure
In a major step toward bolstering Morocco’s energy and water security, the Government of Morocco has entered into a strategic partnership with TAQA Morocco, Nareva, ONEE (Office National de l'Électricité et de l'Eau Potable), and the Mohammed VI Investment Fund. The collaboration aligns with the commitments outlined in the joint declaration between His Majesty King Mohammed VI and His Highness Sheikh Mohamed bin Zayed Al Nahyan, and focuses on advancing critical infrastructure in the Kingdom’s power, water, and renewable energy sectors.
The agreement includes the signing of three memoranda of understanding (MoUs) and accompanying development agreements, setting the foundation for a series of transformational projects aimed at enhancing Morocco’s water and energy sovereignty by 2030. The total investment earmarked for these initiatives is approximately 130 billion Moroccan dirhams.
Key Components of the Strategic Program:
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Water Security and Desalination:
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Production of 900 million cubic meters of desalinated seawater.
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Transportation of 800 million cubic meters of water via a national water highway infrastructure project.
Power Generation and Gas Infrastructure:
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Acquisition of the Tahaddart gas-fired power plant with a capacity of 400 MW.
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Expansion of natural gas-based generation through the addition of 1,100 MW of combined-cycle capacity.
Renewable Energy and Transmission:
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The development of 1,200 MW of renewable energy projects is under contract with ONEE.
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Construction of a high-voltage direct current (HVDC) power line with a transmission capacity of approximately 3,000 MW, connecting southern and central Morocco.
These projects will be jointly owned by TAQA Morocco and Nareva, each holding equal stakes, with the Mohammed VI Investment Fund holding a 15% equity stake.
Strategic Vision and National Impact
The initiative is part of Morocco’s long-term strategy to enhance its energy diversification, renewable integration, and water resilience. It supports the Kingdom’s transition to a more sustainable and independent energy model while ensuring a secure water supply in the face of climate challenges.
Abdelmajid Iraqui Houssaini, Chairman of the Board of TAQA Morocco, stated:
“This strategic public-private partnership will significantly and sustainably transform the domestic water and energy landscape in Morocco. The enhancement of desalination capacity and water transmission, alongside the expansion of gas-fired power generation and renewables, will accelerate the growth and diversification of TAQA Morocco’s portfolio. It reinforces Morocco’s ambition to integrate renewable sources while maintaining grid stability.”
The collaborative approach highlights Morocco’s commitment to leveraging both public and private sector expertise to deliver long-term, impactful infrastructure projects that align with its Vision 2030 goals for sustainability and economic development.
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