Company
State Electric Company Limited (STELCO)
In the news, last 90 days
Economy
STELCO completes takeover of Fenaka services across 127 islands
STELCO has completed the transfer of utility services across 127 islands previously served by Fenaka Corporation, concluding with the handover in Laamu Fonadhoo. STELCO has revised its administrative structure and deployed four teams across the atolls to carry out the transfer.
Infrastructure
STELCO takes over utility services in Noonu Atoll from Fenaka
State Electric Company Limited (STELCO) has officially taken over utility services in Noonu Atoll from Fenaka Corporation, following a decision by President Dr Mohamed Muizzu to transfer responsibility for the services. STELCO said it had begun aligning the newly acquired operations with its own service standards, while further details on financial arrangements, affected employees and planned infrastructure upgrades were not disclosed.
Infrastructure
STELCO takes over utility services in Faafu, Dhaalu and Thaa atolls
State Electric Company Limited (STELCO) has formally assumed responsibility for electricity, water and sewerage services in Faafu, Dhaalu and Thaa atolls, taking over operations previously managed by Fenaka Corporation. The transfer follows a decision by President Dr Mohamed Muizzu, and STELCO says it has begun providing the services and is working to align them with its standards.
Infrastructure
STELCO contracted to carry out sewerage repairs in Feevah
State Electric Company Limited (STELCO) has been contracted to repair the existing sewerage system in Shaviyani Feevah under a contract worth MVR 3,822,120, to be completed within 60 days of signing. The agreement was signed at a ceremony at the Ministry by Minister of State Ali Faris Yoosuf and STELCO Deputy Managing Director Aishath Muzna.
Infrastructure
STELCO assumes responsibility for electricity services across Raa...
State Electric Company Limited (STELCO) has taken over electricity and utility services in Raa Atoll from Fenaka Corporation Limited, under a government nationwide restructuring of utility services. STELCO has already extended its electricity services to several atoll cities and is working to complete the handover of remaining Fenaka operations.
Infrastructure
STELCO officially begins electricity service operations in Thinadhoo City
State Electric Company Limited (STELCO) officially began electricity service operations in GDh. Thinadhoo City after responsibility for the city's electricity services was transferred to the company, marked by a ceremony in Thinadhoo on Tuesday. Managing Director Dr Ali Azwar visited to inspect infrastructure and meet local employees, as part of STELCO's broader strategy to expand operations beyond the Greater Malé Region.
Infrastructure
STELCO commissions new 1MW generator in Hoarafushi, increasing power capacity to 3.3MW
STELCO commissioned a new 1MW generator in HA. Hoarafushi, raising the island's total installed electricity generation capacity to 3.3MW from a previous 2.3MW, an increase of approximately 43 percent. STELCO said the added capacity would improve the reliability of electricity services for households, businesses and public facilities.
Infrastructure
STELCO and Environment Ministry sign agreement for Mahibadhoo sewerage improvements
State Electric Company Limited (STELCO) signed an agreement with the Ministry of Climate Change, Environment and Energy to address existing problems with Mahibadhoo's sewerage system and upgrade its network. Financial value, timeline, and technical details of the project have not yet been disclosed.
Environment · Feature or interview
Frontline of the Overshoot: How Global Climate Spirals Threaten the Maldives
A climate feature warns that global warming risks exceeding the Paris Agreement's 1.5°C threshold and that the Maldives, with more than 80 per cent of its land less than one metre above sea level, faces risks to its environment, economy, energy, water, food and marine ecosystems. It sets out adaptation priorities for the Maldives, from renewable energy and coral protection to securing international climate finance, while arguing that corporate and government accountability must complement individual action.
Infrastructure
MWSC to begin first billing cycle in Addu and Fuvahmulah on October 22
MWSC has taken over water and sewerage services in Addu City and Fuvahmulah City under a government restructuring of state-owned utilities, and announced that its first billing cycle in these areas begins on Thursday, October 22, 2026. The company said service will not be disrupted and set up temporary service counters and a hotline to assist customers during the transition.
Where and about what
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