The Privatization and Corporatization Board (PCB) has appointed Ms. Aishath Muzna, Deputy Managing Director of State Electric Company Limited (STELCO), to the company’s Board of Directors. Ms. Muzna has served STELCO for more than two decades, having joined the company…

The Privatization and Corporatization Board (PCB) has appointed Mr. Ahmed Shamah Rasheed as the new Managing Director of State Electric Company Limited (STELCO). Mr. Shamah brings extensive experience from both the public and corporate sectors. Prior to this appointment, he…

Beta Testing Commences for New Smart Mobile Application State Electric Company Limited (STELCO) is pleased to announce that it will complete the full migration to a smart metering system by the end of September 2025. This transition marks a significant…

STELCO Trainers Pool was officially launched today. At an event held at STELCO, the initiative was launched by the company’s Managing Director Hussain Fahmy. The STELCO in-house trainers pool is a strategic initiative aimed at equipping STELCO employees with the…

The State Electric Company Limited (STELCO) has introduced a new Merit-Based Engineering Scholarship Scheme to support Maldivian students pursuing higher studies in engineering fields. This initiative underscores STELCO's commitment to fostering local talent and contributing to the nation's technical advancement…

State Electric Company Ltd (STELCO) has signed a Memorandum of Understanding (MoU) with Sifainge Welfare Company Pvt Ltd (SIWEC) to facilitate the training of STELCO staff in different fields. At a ceremony held at STELCO Head Office on Tuesday (11…

The newly reregistered STELCO Recreation Club (SRC) has held its Annual General Meeting (AGM) and its inaugural ceremony for 2025. On Tuesday (28th January 2025) the club held its first AGM since it was reregistered as STELCO Recreation Club (SRC);…