Cairo – Mubasher: EIGHTEEN has signed an agreement with TAQA Power to implement the electrification works of EIGHTEEN project while putting in place an effective distribution network to meet the developers’ needs with reliable and effective power solutions.

TAQA Power will provide the full energy solution for EIGHTEEN which includes the designing and building of the distribution network and a power source including both backup generation and solar plant, according to a press release on Thursday.

EIGHTEEN is an exclusive joint real estate venture of Egypt-based Ora Developers, Saif Group, and Kohistan Builders (KBD) of Pakistan. Meanwhile, TAQA Power is the power arm of TAQA Arabia, a company of Qalaa Holdings.

TAQA Power’s Managing Director, Samy AbdelKader, commented: “It’s a great privilege to be selected by Elite Estates Private Limited, the developer of EIGHTEEN project, for a power plan that matches the highest standards and adopt green energy solutions.”

AbdelKader added: “Pakistan is a promising market in South Asia and with our regionally significant reputation in the power sector, this partnership will reap great benefits for both.”