STELCO annual “ihya” event to observe Ramadan was held today after a brief hiatus due…
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 3 islands as part of the efforts to provide uninterrupted electricity to the growing population in the Greater Male’ Region. STELCO has planned to provide electricity to the three islands via a main powerhouse in Hulhumale’ which is capable of producing electricity between 50 megawatts and 100 megawatts,
STELCO regards the Fifth Power Project as an important milestone in the development of the country’s power sector. The Fifth Power Project is the largest power project conducted in Maldives.
The USD 79 million project initiated by STELCO in Hulhumale’ is contracted to Dongfang Electric International Corporation. STELCO aims to assure electricity coverage for the next 10 to 20 years, upon completion of the project. The project is funded by a loan arranged from the Exim Bank of China.