STELCO has granted Maldives Transport and Contracting Company (MTCC) the contract for the replacement of the pump station on Boduthakurufaanu Magu, with the project estimated to cost MVR 7 million.
The formal agreement was ceremoniously signed at STELCO, marking a significant step towards addressing infrastructure needs.
The signing of the contract involved Stelco Managing Director Hussain Fahmy and MTCC CEO Abdulla Ziyad, representing their respective organisations. Fahmy noted that President Dr Mohamed Muizzu has emphasised the importance of addressing the concerns of the public, and STELCO aims to fulfil this commitment under his leadership.
Part of the project includes the removal of the existing pump station, incurring an additional cost of MVR 7.1 million from STELCO’s budget. Fahmy assured that the process would be executed with precision and efficiency, with completion anticipated within 60 days upon obtaining approval from the Environmental Protection Agency (EPA).
Highlighting the significance of the pump station, Fahmy underscored its role as the sole power plant pump station in Male’, emphasising that the project would proceed without causing disruptions to the services it provides.
Abdulla Ziyad, CEO of MTCC, shared insights into the project, mentioning that it involves dredging an area spanning 15 metres by 6 metres. This undertaking is a part of the efforts to enhance infrastructure and meet the growing demands of the local community.