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STELCO to install fuel tanks in Hulhumale' ahead of peak season

STELCO said the fuel tanks are being installed as a backup for power generation in Greater Male' ahead of the peak period.

Malika Shahid
11 March 2025, MVT 10:22
STELCO Managing Director Hussain Fahmy and MTCC CEO and Managing Director Ahmed Saudee during the agreement signing ceremony -- STELCO
Malika Shahid
11 March 2025, MVT 10:22

State Electric Company Limited (STELCO) has signed an agreement with Maldives Transport and Contracting Company (MTCC) to install two 80,000-litre fuel tanks in Hulhumale' in preparation for the peak electricity demand during the hot season.

Every year, electricity consumption rises during the Iruvai monsoon, which is the hot and dry season, leading to higher bills and occasional power outages.

STELCO said the fuel tanks are being installed as a backup for power generation in Greater Male' ahead of the peak period.

STELCO Managing Director Hussain Fahmy and MTCC CEO and Managing Director Ahmed Saudee during the agreement signing ceremony -- STELCO

An agreement was signed yesterday to install the tanks at Hulhumale' Power House Annex 2, with STELCO’s managing director, Hussain Fahmy, signing on behalf of the company and MTCC’s CEO and managing director, Ahmed Saudee, signing on behalf of MTCC.

Public complaints over increasing electricity bills tend to rise during certain months. STELCO has introduced WhatsApp and Telegram as channels for submitting complaints.

Meanwhile, President Mohamed Muizzu has announced a 10 percent discount on electricity bills for Ramadan, which was also provided during last Ramadan as well.

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