LED lights donated to Maldives by Chinese government is to be distributed to all households through Stelco, MWSC and Fenaka Corporation.
Memorandum of Understanding to distribute the lights to all households throughout Maldives was signed by Stelco (State Electric Company), MWSC (Male Water and Sewerage Company) and Fenaka Corporation in a ceremony held at national radio building on Wednesday.
Speaking during the ceremony, Environment Minister Toriq Ibrahim said that the donation from
China would result in lower electricity costs borne by households in Maldives. And said that more LED lights from China were on the way.
“These LED lights will be provided to all households in Maldives with an electricity meter. 5 lights will be given to all households that request it,” said Toriq.
He said that the three State-owned companies would start work on distributing the lights to households on Thursday. And that lights would be provided to ministry buildings in the quantity requested.
The 210,000 LED lights donated by China are worth MVR 10 million. 78,750 of the lights are to be distributed to State companies, and the remaining 131,250 lights are to be distributed to households.
Chief guest of the ceremony, Finance Minister Abdulla Jihad handed over the LED lights to all government ministries in the ceremony.
Jihad noted that Maldives was a country that spent a comparatively high amount of money on import of oil. And that the cost would be lowered with the “Fahi Ali” project inaugurated by government on Wednesday.
“Environment Ministry is working hard to lower the cost of electricity borne by Maldivian citizens. One, in the chain of events planned was inaugurated today,” said Jihad.
He said that the “Fahi Ali” project would be most beneficial to civilians, and that it would considerably lower the stress on pockets.