State utility firms running huge losses

State utility firms are operating at a loss, a parliamentary committee has heard, with one power company’s debt standing at around MVR1.6 billion (US$103 million).

STELCO MD replaced with president’s office minister

The managing director of the State Electricity Company was appointed state minister of environment and energy and replaced by President’s Office Minister Ahmed Zuhoor.

STELCO warns of more power cuts in Malé

The State Electricity Company has warned of more power cuts in Malé after damage to a high-voltage cable left two-third of the capital without electricity in the early hours of Sunday.

Government hikes food and electricity prices

Shops across the Maldives reported running out of food staples on Friday as customers rushed to buy rice, flour and sugar following an abrupt announcement by the government that it plans to cut food subsidies starting on Saturday

Electricity, commercial housing projects launched in Hulhumalé

President Abdulla Yameen laid the foundation stone Sunday for a new power station in the capital’s suburb Hulhumalé. The state-owned housing corporation has meanwhile signed several contracts for commercial housing projects in the reclaimed artificial island.

Ooredoo Maldives introduces mobile bill pay service

Ooredoo Maldives signed an agreement today with State Electric Company (STELCO) to enable customers to pay electricity bills via mobile service.

Maldives cuts electricity subsidies

Households across the country are facing higher electricity bills in March after the government revised tariff rates and decided to discontinue electricity subsidies next month.

Staff at state-owned companies sign for ruling party

A number of staff from the state-owned Maldives Transport and Construction Company have signed for the ruling party amid reports that state employees were forced to attend the Progressive Party of Maldives rally Thursday night.

Security stepped up for utility companies after attempted arson attacks

Soldiers were on guard outside the Malé Water and Sewerage Company (MWSC) last night after arsonists attempted to set fire to powerhouses in the capital’s suburbs Hulhumalé and Vilimalé.

STELCO ordered to pay MVR56,000 to employee sacked for attending protest

Senior technician Ahmed Saleem ‘Andha’ had filed a complaint following his dismissal on March 12 for participating in an anti-government demonstration. The Employment Tribunal ruled that Saleem was dismissed “without a valid reason or prior notice,” but did not order his re-instatement.

Intermittent power outages expected in Malé City

Power was cut off in the Henveiru and Maafanu wards of the capital for an hour today with the State Electricity Company (STELCO) struggling to handle a peak load in electricity usage.

Nine hour power cut in Malé caused by damaged switch gear

The State Electricity Company (STELCO) has said that a power outage in the Galolhu ward of Malé around 1:00am last night was caused by a damaged switch gear at a distribution centre in Lily Magu. The power cut lasted more than nine hours and followed STELCO warning of intermittent cuts in the capital after one of two main 8MW generators at the power plant was damaged.

Power shortages may affect plans to light up Malé on Independence Day

Power shortages may spoil the government’s plans to light up the capital Malé City on Independence Day, STELCO has said. A crucial 8MW generator is down at the power plant due to an unexpected failure and may take up to two weeks to repair.

STELCO signs US$90m power development project

Malé school resumes classes after ‘toxic’ shutdown

State companies accused of dismissing, suspending opposition supporters

Application for state electricity subsidies opens today

Oil leaks from burst STELCO pipe

Majlis approves reintroducing car allowance for ministers

Auditor General questions valuation of assets of state-owned enterprises