State Electric Company Limited (STELCO) has stated it received a net profit of over USD 7.1 million in 2018. Speaking during the annual general meeting, Managing Director Hassan Mughnee said the net profit of STELCO increased to 4 percent, when…
STELCO has introduced smart meters, which record the consumption of electricity and communicates it to STELCO for monitoring and billing. During the ceremony held to mark 70 years of service of STELCO, MD Hassan Mugunee stated that by 2020, smart…
State Electric Company (STELCO) is celebrating its 70th anniversary and has unveiled a new logo to go along with the occasion. The new logo was introduced by the Managing Director of STELCO Hassan Mughnee and the deputy directors of the…
Managing Director (MD) of State Electric Company Limited (STELCO) Hassan Mughnee disclosed on Monday, that the Asian Development Bank (ADB) was set to aid the company in future projects. During his trip to Maldives, President of ADB Takehiko Nakao paid…
State Electric Company Limited (STELCO) has revealed networking the interconnected cable will be completed and the power grids of Male' Hulhule' and Hulhumale' will be connected by mid-2020. STELCO has now begun establishing 3 substations to network the electricity of…
The Government of Maldives has contracted the operation of sewerage facilities in Ukulhas in Alifu Alifu Atoll to State Electric Company (STELCO). The agreement of the venture was signed at a special ceremony held at Ukulhas by Minister of State…
STELCO has taken the fight for renewable energy production head-on. In 2019, the company launched a new solar center to provide photovoltaic solutions across the country’s many resort islands, while deploying solar generation in its own network, to achieve very ambitious…
Proud recipient of ’Riveli Award -2019’ in recognition of STELCOs contribution in promoting equal job opportunities for differently abled individuals in workplace.
State Electric Company, STELCO has revealed that the hike in electricity prices is followed by an increase in electricity consumption during the month of Ramadan, due to the blistering hot weather. During a press conference on Tuesday, STELCO’s General Manager,…
Mayor of Male' City CouncilShifa Mohamed and Minister of Gender, Family and Social Services Shidhatha Shareef Inaugurates the Cleaning program of STELCO Main Distribution boxes. Event was Held in Majeedheemagu In front of Billoorijehige. this program will be held in…