Minister of Finance and Public Enterprises Hassan Zareer presented the proposed 2027 State Budget to Parliament, highlighting the Maldives Solar Development and Energy Storage Solutions Project, which is expected to cut annual fuel imports for electricity generation by more than 100 million litres. The budget also includes funding to expand the Five Million Trees Programme.
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Government · Undertake a major solar energy project (Maldives Solar Development and Energy Storage Solutions Project) in 2027, expected to cut annual fuel imports for electricity generation by…
Dr Mohamed Muizzu · Goal of generating 33 per cent of the country's electricity from renewable sources
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reduce the Maldives' annual fuel imports for electricity generation by more than 100 million litres
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generating 33 per cent of the country's electricity from renewable sources by the end of 2028
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with 250 megawatts of renewable electricity generation capacity and modern energy storage systems
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The Government plans to undertake a major solar energy project in 2027 that is expected to reduce the Maldives' annual fuel imports for electricity generation by more than 100 million litres
Word for word from the report in MM TV (English). Open the report
