Fenaka Corporation Limited has contracted the construction of a new powerhouse in Rasmaadhoo, Raa Atoll to a company named Tiny Nemo.
The agreement was signed by Deputy Managing Director of Fenaka Ibrahim Waheed and Managing Director of Tiny Nemo Mohamed Shiyam. The project, costing over USD 323,709, is expected to be completed before September 13.
The project is an initiation of Fenaka Corporation to change powerhouses to non-residential areas of the islands. Under the initiation, Fenaka Corporation has competed 99% of the new buildings for powerhouses in Thakandhoo, Lhaimagu, Omadhoo and 80% of the new buildings for powerhouses in Dhonfanu and Maalhendhoo. Fenaka revealed the new powerhouses will be used with a network upgradation.