News Utilities

TAQA' profits increases sharply

By Energy Connects

Aug 11, 2021

image is Shutterstock 1013670679

TAQA reports an 86 percent annual rise in its second quarter net income.

Abu Dhabi National Energy Company (TAQA), owned by Abu Dhabi state-owned holding company ADQ, reported an 86 percent annual rise in its second quarter net income.

According to a statement, the company's net profit for the three months ending June 2021, rose to Dh1.42 billion (USD386.92 million).

Supported by income and distribution of utilities, the company's revenue rose to Dh11.8bn (USD 3.21 bn) from Dh1.4bn (USD 0.38 bn) in the previous year.

TAQA Utilities ADQ Abu Dhabi United Arab Emirates

KEEPING THE ENERGY INDUSTRY CONNECTED

Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.

By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.

JOIN THE CONVERSATION

Most Read

Rystad Energy reveals key hotspots driving near-field exploration in 2025

Features

A $20 Billion Gas Plant Exposes Australia’s Energy Conundrum

Gas & LNG

Spain Signals Openness to Keeping Nuclear Power Plants Open

Renewables

Wood Mackenzie: European renewable power market surges on 19GW of new capacity

Features

Watch/Listen

How AI, renewables, and decentralised grids are rewiring the future of energy

In this episode of the Energy Connects Podcast and as we prepare for the World Utilities Congress 2025, we revisit a standout conversation from the…

Podcast
Oxana Dankova Podcast Thumbnail For Web V3
post type icon

IRENA’s roadmap to tripling global renewables capacity

In the next episode of the Energy Connects podcast, Chiranjib Sengupta sat down with Gauri Singh, Deputy Director-General of International Renewable Energy Agency (IRENA), to…

Podcast
Irena 1920X1080
post type icon

Advanced AI frameworks critical to meeting rising energy demand

In our next studio interview, Chiranjib Sengupta sat down with Anish De, Global Head of Energy, Natural Resources and Chemicals at KPMG, for a wide-ranging…

Discussions
Advanced AI Frameworks Critical To Meeting Rising Energy Demand
Play

The growing importance of natural gas in the energy transition

In an exclusive Energy Connects studio discussion, Chiranjib Sengupta sat down with Nobuo Tanaka, Executive Director Emeritus of the International Energy Agency (IEA) and the…

Discussions
The Growing Importance Of Natural Gas In The Energy Transition
Play

Explore Energy Connects

Stay Updated

©2023 Energy Connects. All Rights Reserved

Back To Top