News 17 May 2023

Fenaka Wins Prestigious GOLD 100 Award

The state-owned utility company, Fenaka Corporation Limited, received accolades at the esteemed Corporate Maldives’ “GOLD 100” awards, solidifying its position as one of the country’s premier business entities. The prestigious award was presented to Fenaka during an event held at Crossroads Maldives on the evening of May 17, 2023. Ahmed Saeed Mohamed, the esteemed Managing Director of Fenaka, accepted the recognition on behalf of the company, marking the company’s first ever “GOLD 100” win.

Out of a staggering pool of over 13,000 businesses in the Maldives, the GOLD 100 Awards honor the crème de la crème by selecting the top 100 companies through a rigorous screening process. The company’s consistent commitment to excellence, innovation and outstanding services has propelled it to the forefront of the Maldivian business landscape.

Notably, this is not the first time Fenaka has received an award for its services. Over the years, the company has amassed an impressive collection of both local and international awards.

As a prominent provider of utility services, Fenaka plays a crucial role in the development of the Maldives, serving 157 islands across the nation. Demonstrating its unwavering commitment to sustainability, Fenaka has set an ambitious target of producing 70 percent of electricity through renewable energy sources, to reduce carbon emissions.

With this recent recognition at the GOLD 100 awards, Fenaka Corporation Limited reinforces its position as an industry leader and a driving force behind positive change in the Maldivian business landscape. By consistently delivering exceptional services, embracing renewable energy solutions and prioritizing customer convenience, Fenaka continues to set new benchmarks for excellence

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