TAPCO is a private joint stock company registered and incorporated in the United Arab Emirates. TAPCO is one of the largest Independent Water and Power Producer (IWPP) created out of the ADWEA privatisation initiative. A $3B power and desalination project company consisting of 2000MW and 160 MIGD. TAPCO is 60% owned by TAQA and ADWEA and 40% owned by a consortium of global utilities investors led by Marubeni Corporation based in Japan.