Lanka Electricity Company
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 (Confirmation Pending ), 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 (Confirmation Pending)billion in 2018, 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, Energy & Business Development 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
Native name | ලංකා විදුලි (පුද්ගලික) සමාගම இலங்கை மின்சார (தனியார்) கம்பனி |
---|---|
Type | Subsidiary |
Industry | Electricity generation, Electricity transmission, Electricity distribution, Electricity retailing |
Key people | Tissa Nanayakkara [1] |
Revenue | Rs. 30.573 billion (2017)[2] |
Rs. 737 million (2017)[2] | |
Rs. 125 million (2017)[2] | |
Total assets | Rs. 41.1 billion (2017)[2] |
Total equity | Rs. 29.5 billion (2017)[2] |
Number of employees | 1,573 (2017)[2] |
Parent | Ceylon Electricity Board[2] |
Website | www |
References
- "Our Management". LECO. Archived from the original on 18 September 2015. Retrieved 20 July 2015.
- "Lanka Electricity Company 2017". Lanka Electricity Company. Lanka Electricity Company.