Lanka Electricity Company
The Lanka Electricity Company (Private) Limited (Sinhala: ලංකා විදුලි (පුද්ගලික) සමාගම Lanka viduli pudgalika samagama) (also abbreviated as LECO), is one of two on-grid electricity companies in Sri Lanka; the other being the Ceylon Electricity Board (CEB). Established as a private limited liability company registered under the Companies Act No. 17 of 1982, its shareholders are the Ceylon Electricity Board, the Urban Development Authority (UDA), the Treasury and four local government authorities. It is regulated by the Public Utilities Commission of Sri Lanka. As of 2019, LECO sold 1,629.39 kilowatt-hours (5,865.8 MJ) of power to 588,879 consumers, and made revenues of SL Rs. 32,576,500,000.
Native name | ලංකා විදුලි (පුද්ගලික) සමාගම இலங்கை மின்சார (தனியார்) கம்பனி |
|---|---|
| Company type | Subsidiary |
| Industry | Electricity generation, Electricity transmission, Electricity distribution, Electricity retailing |
Key people | Athula Priyadharshana De Silva (chairman) |
| Revenue | Rs. 30.573 billion (2017) |
| Rs. 737 million (2017) | |
Net income | Rs. 125 million (2017) |
| Total assets | Rs. 41.1 billion (2017) |
| Total equity | Rs. 29.5 billion (2017) |
Number of employees | 1,573 (2017) |
| Parent | Ceylon Electricity Board |
| Website | www |
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