{"id":4452,"date":"2022-10-25T11:51:47","date_gmt":"2022-10-25T06:51:47","guid":{"rendered":"https:\/\/mbt.mv\/?p=4452"},"modified":"2022-10-25T11:51:47","modified_gmt":"2022-10-25T06:51:47","slug":"stelco-urges-fam-to-settle-outstanding-mvr6-5m-in-bills","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=4452","title":{"rendered":"STELCO urges FAM to settle outstanding MVR6.5m in bills"},"content":{"rendered":"

Following State Electric Company’s (STELCO) decision to cut power to Football Association of Maldives (FAM) on Monday, 24th October, the utility provider has urged the association to settle the outstanding dues in full.<\/p>\n

STELCO Managing Director Ahmed Shareef, while criticizing FAM’s decision to counter the utility provider’s decision with defiance, urged to settle the dues without politicizing the issue.<\/p>\n

The association owes a total of MVR6.5 million in outstanding bills, inclusive of fines, an official from STELCO earlier confirmed.<\/p>\n

FAM criticized STELCO’s Monday decision, calling the utility provider irresponsible in its action. The association is refusing to settle the outstanding bills claiming the FAM House – the main establishment from where it operates – has been used by other entities, and they must bear for portion of utility they had used.<\/p>\n

The establishment was used as a Covid facility amid the pandemic outbreak by the state. Additionally, Scout Association’s operations are run under the same roof.<\/p>\n

This comes as the latest in a string on state-owned enterprises failing to settle hefty outstanding bills. Previously, STELCO had claimed Public Service Media (PSM) owed MVR 80 million in unpaid utility bills.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following State Electric Company’s (STELCO) decision to cut power to Football Association of Maldives (FAM) on Monday, 24th October, the utility provider has urged the association to settle the outstanding dues in full. STELCO Managing Director Ahmed Shareef, while criticizing FAM’s decision to counter the utility provider’s decision with defiance, urged to settle the dues<\/p>\n","protected":false},"author":4,"featured_media":4453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2423],"tags":[705,1975,1985,1988,2250,2251],"class_list":{"0":"post-4452","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-football-association-of-maldives-fam","9":"tag-state-electric-company-limited","10":"tag-stelco","11":"tag-stelco-md-ahmed-shareef","12":"tag-utility","13":"tag-utility-companies"},"yoast_head":"\nSTELCO urges FAM to settle outstanding MVR6.5m in bills - Maldives Business Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbt.mv\/?p=4452\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"STELCO urges FAM to settle outstanding MVR6.5m in bills - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"Following State Electric Company’s (STELCO) decision to cut power to Football Association of Maldives (FAM) on Monday, 24th October, the utility provider has urged the association to settle the outstanding dues in full. STELCO Managing Director Ahmed Shareef, while criticizing FAM’s decision to counter the utility provider’s decision with defiance, urged to settle the dues\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=4452\" \/>\n<meta property=\"og:site_name\" content=\"Maldives Business Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mvbiztimes\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-25T06:51:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mbt.mv\/wp-content\/uploads\/2022\/10\/Ff19nJ5UUAAU05Y-768x538-1-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"538\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mohamed Reehaan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:site\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohamed Reehaan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=4452#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=4452\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"STELCO urges FAM to settle outstanding MVR6.5m in bills\",\"datePublished\":\"2022-10-25T06:51:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=4452\"},\"wordCount\":203,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=4452#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2022\/10\/Ff19nJ5UUAAU05Y-768x538-1-1.jpeg\",\"keywords\":[\"Football Association of Maldives (FAM)\",\"State Electric Company Limited\",\"STELCO\",\"STELCO MD Ahmed Shareef\",\"Utility\",\"Utility Companies\"],\"articleSection\":[\"BUSINESS\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mbt.mv\/?p=4452#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mbt.mv\/?p=4452\",\"url\":\"https:\/\/mbt.mv\/?p=4452\",\"name\":\"STELCO urges FAM to settle outstanding MVR6.5m in bills - 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