Abu Dhabi National Energy Company (TAQA) and Emirates Water and Electricity Company have announced the completion of a financing deal worth approximately AED 3.6 billion for the Al-Zafra power plant project with a capacity of 1 gigawatt. This marks a significant milestone in the energy sector of the United Arab Emirates. The project is designed to ensure a stable power supply for the region and support its economic development. The financing agreement was made possible through the collaboration of the country's leading energy firms. The use of advanced technologies will enhance the efficiency of electricity generation.
