Over MVR1 Billion is Spent on Electricity Subsidies

Photo: Ministry

Over MVR1 billion is being spent on electricity subsidies, as per Minister of Environment and Energy Dr. Hussain Rasheed Hassan.

He said this while speaking in a workshop held in collaboration with World Bank to utilize batteries in reducing electricity generating costs.

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The Minister pointed out that Maldives needs to rely more on renewable energy as a country that gets sunlight all around the year.

Dr. Hussain added that even though solar panels will be the main source, creating energy from air, wind and water is a goal for the future.

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