Lanka Electricity Company

Lanka Electricity Company (Private) Limited (LECO)
ලංකා විදුලි (පුද්ගලික) සමාගම
இலங்கை மின்சார (தனியார்) கம்பனி
Government-owned corporation overview
Type Electricity distribution,
Electricity generation,
Energy Smart Meter manufacturing
Headquarters Colombo, Sri Lanka
6°54′08″N 79°51′10″E / 6.9021764°N 79.8527932°E / 6.9021764; 79.8527932
Motto Lighting up Lives of People
Employees 1465
Annual budget 26.7 billion LKR (2015)
Minister responsible
Deputy Minister responsible
Government-owned corporation executives
  • Dr. K.R.H. Lal Gunasekara [2], Chairman
  • Eng. H N Gunasekera, General Manager
Parent department Ministry of Power and Renewable
Website www.leco.lk

The Lanka Electricity Company (Private) Limited (Sinhala: ලංකා විදුලි (පුද්ගලික) සමාගම Lanka vidulu pudgalika samagama) (also abbreviated as LECO), is the largest Electricity distribution company in Sri Lanka. With a market share of nearly 20%, it controls all major functions of distribution and Energy Smart Meter manufacturing in Sri Lanka. It is one of the only two on-grid electricity companies in the country; the other being Ceylon Electricity Board (CEB). The company earned approximately LKR 26.7 billion in 2015, with a total of nearly 521,982 consumer accounts. It is a government owned and controlled utility of Sri Lanka that takes care of the general energy facilities of the island. The Ministry of Power and Energy is the responsible ministry above the LECO. Lanka Electricity Company (Private) Limited (LECO), established by an Companies Act No.17 of 1982 and the Companies Act No.7 of 2007, is under legal obligation to develop and maintain an efficient, coordinated and economical system of Electricity supply in accordance with any Licenses issue [3]


References

  1. ↑ "Hon. Minister's Message". Ministry of Power and Renewable Energy. Retrieved 20 July 2015.
  2. ↑ "Our Management". LECO. Archived from the original on 22 July 2015. Retrieved 20 July 2015.
  3. ↑ Basnayaka, Chathuranga. "Ceylon Electricity Board" (PDF). University of Ruhuna. Retrieved 16 August 2017.

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