A digest of news and opinion from the Maldives.
The global oil prices have fallen significantly due to the halt in economic activities as COVID-19 spreads across the world. The demand for oil in the global market has fallen with excessive production of oil in March has led to oil prices falling to record levels. Will this lead to a fall in electrical charges […]
Development of a 50 megawatt power plant in Hulhumale by Dongfang Electric Corporation of China. On the orders of the Anti-Corruption Commission, State Electric Company (STELCO) has halted awarding the project to lay a high voltage power cable between capital Male and reclaimed suburb Hulhumale to Dongfang Electric Corporation (DEC) of China. DEC had proposed […]
Development of a 50 megawatt power plant in Hulhumale by Dongfang Electric Corporation of China. State Electric Company (STELCO) has decided to award the project to lay a high voltage power cable between capital Male and reclaimed suburb Hulhumale to Dongfang Electric Corporation (DEC) of China for USD 38.6 million (MVR 567.4 million). STELCO’s director […]
Sinomach International Sungrow company’s vice president Ziyao Zian Don (L) and environment minister Thoriq Ibrahim sign contract awarding the installation of hybrid power plants in Shaviyani and Noonu atolls to Sinomach. The Maldives government has awarded the project to design and install hybrid power plants in all inhabited islands of Shaviyani atoll and Noonu atoll […]
Finance minister Ahmed Munawar speaks at the parliamentary budget review committee. PHOTO: NISHAN ALI/MIHAARU The government has decided to slash the rates of food, staple foods, and electricity next year. According to the proposed State Budget 2018 submitted by the finance ministry to the parliament, the government is looking to allocate MVR 200 million as […]
People pictured outside Sh. Bilehfahi’s powerhouse during the fire. State-run utilities company, Fenaka Corporation, is trying to return power to the island of Bilehfahi in Shaviyani atoll before sundown on Sunday, said the island council. Fenaka’s powerhouse burnt down late on Saturday night, after one of its three generators caught on fire, causing an island-wide […]