A digest of news and opinion from the Maldives.
State Electric Company (STELCO) has introduced their “Green Life Solar Pod” systems, which can produce renewable energy through world-class solar panels. The launch was inaugurated by the Chairman of the STELCO Board, Mohamed Rasheed at an event held at the Usfasgandu Helipad on Wednesday night. Speaking at the launch event, the Managing Director for STELCO […]
Last Friday, the whole Capital City faced a power outage that took place early morning and lasted for hours. It caused several disruptions, especially in the homes as chores are often busy during Fridays. STELCO, the main electricity supplier in the country, announced that the power cut occurred due to a technical issue. “After the […]
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 […]
The original Dhivehi article was published on Avas.mv website on 6th December 2017. The following is a loose translation: The state-owned enterprises have held hands together to fulfil the government’s ‘Hiyaa’ housing pledge. They have initiated to fulfil this pledge. Followed by the state-owned enterprises committing to build flats and making announcements inviting parties to […]
State utility firms are operating at a loss, a parliamentary committee has heard, with one power company’s debt standing at around MVR1.6 billion (US$103 million). Environment and energy minister Thoriq Ibrahim, as well as utility company bosses, were summoned to a government oversight committee session on Wednesday to answer questions on unequal prices between the […]
The Mauritius Commercial Bank (MCB) branch in the capital Male. MIHAARU FILE PHOTO/NISHAN ALI Local firm Sharu Launch Services Pvt Ltd has withdrawn its lawsuit against Mauritius Commercial Bank (MCB), seeking MVR 150 million as compensation for damages caused by the bank allegedly refusing to sell US Dollars to the company. Sharu Launch claimed that […]
STELCO building in the capital Male. MIHAARU PHOTO State Electric Company (STELCO) on Monday announced that it will not resume taking fuel surcharge fees from electricity despite State Trading Organisation (STO) hiking fuel prices. STO on Monday raised the rates of petrol and diesel by 57 laari (MVR 0.57) per litre and 53 laari (MVR […]