State Electric Company Limited

Utility

Registration 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.

Vision: To achieve total customer satisfaction through management excellence and satisfaction.

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.

Vacant

Non-Executive

Chairman

GoM

Non Executive

Mohamed Latheef

Chairman

GoM

Executive

Hussain Fahumy

Managing Director

GoM

Executive

Ali Azwar

Deputy Managing Director

GoM

Vacant

Non-Executive

Director

GoM

Vacant

Non-Executive

Director

GoM

Non Executive

Mohamed Amir

Director

Non Executive

Ahmed Hashim

Director

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Name Type Designation Effective Date Resigned/removed date
Type Name %
Government The Government of the Maldives 100.00%