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Our Story
Wiring the Past to Illuminate the Future

STELCO, established in 1949 with a mere 14 kW capacity, initially served only 50 homes in Malé. Over the decades, it functioned as a government department before becoming the State Electric Company Limited in 1997. Now, STELCO provides electricity to over 80,973 customers, operating 35 independent power plants, 7 water desalination plants, and 5 sewerage networks across various islands.

mission

Mission

Provide efficient and reliable utility services using renewables and modern technologies.

vision

Vision

Prosperity through excellence in utility services.

Early Years
Department of Electricity

14kW

Initial Capacity

50

First Customers in Male’

Today
State Electric Company Limited

35+

Power Plants

7

Desalination Plants

5

Sewerage Networks

100K+

Customer Based

Key Milestones

Greater Malé’ Grid Connection Phase 1 (Malé’ – Hulhumalé ’ Inter-Connection)

Fifth Power Development Project (6 x 8924 KW Generator Sets installed)

Fourth Power Development Extension Project (1 x 8700 KW Generator Sets installed)

Fourth Power Development Project (2 x 8700 KW Generator Sets installed)

Third Power Development Project (2 x 6500KW Generator Sets installed)

Second Power Development Project (5700 KW and 4000 KW installed)

STELCO Incorporated (“State Electric Company Limited” Established as a company

New Powerhouse constructed in southeast side of Malé’ (Power Development Project 3 x 2000 KW installed)

Institution Renamed (Renamed to Maldives Electricity Board

First Substation Installed (Underground cables laid to powerhouse)

Power Generation Capacity Upgrade (2 x 238 KW Generator Sets installed)

Baa Injeenuge” Established (Power Generation Capacity 2 x 75 KW)

Power Generation Capacity Upgrade (2 x 38 KW Generator Sets installed)

First powerhouse established at H.Orchidmaage (Installed capacity 14 KW)