State Electric Company (STELCO) has decided to award the project to lay a high voltage power cable between capital Male and reclaimed suburb Hulhumale to Dongfang Electric Corporation (DEC) of China for USD 38.6 million (MVR 567.4 million).
STELCO’s director Ibrahim Rauf stated Wednesday that the cable will be laid via the landmark bridge being developed from Male to airport island Hulhule, which lies between the capital and Hulhumale.
According to STELCO, a 50 megawatt power plant being developed in Hulhumale by DEC would power a 132 kilowatt high voltage cable that would be laid between the suburb and Male. Rauf stated that the cable would provide emergency power to Male as well as Hulhule.
The company did not disclose when it would sign the agreement with Dongfang or a date to commence the project.
STELCO is carrying out its fifth power project in Hulhumale, which has an expense of MVR 1.2 billion. The project is carried out in three parts, comprising of the establishment of six 8.9 megawatt generators, a fuel farm, and a water desalination facility.