SOE Gateway

State Electric Company Limited

STELCO
Utility
Reg No: C-0486/2012

About

The Company emerged from modest beginnings in 1949 with an installed capacity of only 14 kW and providing electricity to just the residences in Male'. Over the past five decades the Company operated as a Government Department under different names such as 'Department of Electricity' and 'Maldives Electricity Board'. In 1997, 'State Electric Company' STELCO, was formed. Initially the number of customers were around 50 houses in Male'. Today the total number of customers have increased to 37,660 in Male' and 14,462 customers in different islands (as at June 2016). Working with our customers to correct any problems and taking actions to ensure that the problems do not recur. At all instances, striving to be honest, friendly and courteous, and valuing all customers equally. Making certain that failures in our services are rectified as soon as they are brought to our attention. Giving utmost importance to treating personal information with the strictest confidentiality.

Mission

To provide Electricity to enrich the lives of the public every day in every way and everywhere in a reliable fast and honest manner.

Vision

To achieve total customer satisfaction through management excellence and satisfaction.

Share Details

Type Entity Name Percent
Government The Government of the Maldives 100.00%

Board Members

Non-Executive
Mohamed Latheef

Chairman

GoM

Executive
Ahmed Shamah Rasheed

Managing Director

GoM

Executive
Ali Azwar

Deputy Managing Director

GoM

Executive
Aishath Muzna

Executive Director

GoM

Non-Executive
Ahmed Hashim

Director

Non-Executive
Ahmed Aslam

Director

GoM

Non-Executive
Mariyam Sajida

Director