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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 of power to 588,879 consumers, and made revenues of . History LECO was established in 1983. President J. R. Jayewardene selected Engineer H.S. Subasinghe to lead the fledgling company. The electricity distribution networks managed by the local government authorities were in a poor state with years of neglect and under-investment. Breakdowns were ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entit ...
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Ministry Of Finance (Sri Lanka)
The Ministry of Finance, Economic Stabilization and National Policies ( si, මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්‍රතිපත්ති අමාත්‍යාංශය; ta, நிதி, பொருளாதார நிலைப்படுத்தல் மற்றும் தேசிய கொள்கைகள் அமைச்சு) (also known as the Finance Ministry or the Treasury) is a cabinet ministry of the Government of Sri Lanka responsible for developing and executing the government's public finance policy, economic policy and long term fiscal planning. The Treasury is housed at the General Treasury Building (also referred to as ''The Secretariat'') in Fort. History Although the post Treasurer of Ceylon of the British Government of Ceylon dates back to the early nineteenth century and was succeeded by the post of Financial Secretary of Ceylon under the recommendations of the Donough ...
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State Owned Commercial Corporations Of Sri Lanka
State may refer to: Arts, entertainment, and media Literature * '' State Magazine'', a monthly magazine published by the U.S. Department of State * ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * '' Our State'', a monthly magazine published in North Carolina and formerly called ''The State'' * The State (Larry Niven), a fictional future government in three novels by Larry Niven Music Groups and labels * States Records, an American record label * The State (band), Australian band previously known as the Cutters Albums * ''State'' (album), a 2013 album by Todd Rundgren * ''States'' (album), a 2013 album by the Paper Kites * ''States'', a 1991 album by Klinik * ''The State'' (album), a 1999 album by Nickelback Television * ''The State'' (American TV series), 1993 * ''The State'' (British TV series), 2017 Other * The State (comedy troupe), an American comedy troupe Law and politics * State (polity), a centralized political organiza ...
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Electric Power Companies Of Sri Lanka
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a un ...
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Bandaragama Polling Division
The Bandaragama Polling Division is a Polling Division in the Kalutara Electoral District, in the Western Province, Sri Lanka. Presidential Election Results Summary The winner of Bandaragama has matched the final country result 6 out of 8 times. Hence, Bandaragama is a Weak Bellwether for Presidential Elections. 2019 Sri Lankan Presidential Election 2015 Sri Lankan Presidential Election 2010 Sri Lankan Presidential Election 2005 Sri Lankan Presidential Election 1999 Sri Lankan Presidential Election 1994 Sri Lankan Presidential Election 1988 Sri Lankan Presidential Election 1982 Sri Lankan Presidential Election Parliamentary Election Results Summary The winner of Bandaragama has matched the final country result 6 out of 7 times. Hence, Bandaragama is a Strong Bellwether for Parliamentary Elections. 2015 Sri Lankan Parliamentary Election 2010 Sri Lankan Parliamentary Election 2004 Sri Lankan Parliamentary Electio ...
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Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field offices around the world to promote social and economic development in Asia. The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE) and non-regional developed countries. From 31 members at its establishment, ADB now has 68 members. The ADB was modeled closely on the World Bank, and has a similar weighted voting system where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget and other materials for review by the public. The ADB-Japan Scholarship Program (ADB-JSP) enrolls about 300 students annually in academic institutions loc ...
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University Of Moratuwa
(''Vidyaayev Sharvadhanam'') , motto_lang = Sanskrit , mottoeng = Wisdom is all Wealth , established = , type = Public , chancellor = K. K. Y. W. Perera , vice_chancellor = N. D. Gunawardena , location = Katubedda, Moratuwa, Sri Lanka , students = 10,000+ , undergrad = 7,000 , postgrad = 2,500 , academic_staff = 500 , administrative_staff = 800 , nickname = Mora , campus = Urban - , website = , accreditation = University Grants Commission (Sri Lanka) , affiliations = * University Grants Commission *Association of Commonwealth Universities *International Association of Universities *Royal Institution of Chartered Surveyors *RIBA *Institution of Engineers Australia *Institution of Engineering and Technology , former_names = Katubedda Campus of University of Ceylon The University of Moratuwa ( ...
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Public Utilities Commission Of Sri Lanka
The Public Utilities Commission of Sri Lanka (abbreviated PUCSL) ( Sinhala: ශ්‍රී ලංකා මහජන උපයෝගිතා කොමිෂන් සභාව ''Śrī Laṃkā mahajana upayōgithā komishan sabhāwa''; Tamil: இலங்கைப் பொதுப் பயன்பாடுகள் ஆணைக்குழ) is the government entity responsible for policy formulation and regulation of the electric power distribution, water supply, petroleum resources, and other public utilities in Sri Lanka. The PUCSL was established by the Public Utilities Commission of Sri Lanka Act, No. 35 of 2002, and has authority for the execution of its duties through this Act, as well as through those established for organizations, agencies and corporations involved in providing public utilities in the country. It has a broad mandate to act both as a consumer protection authority, as well as an advisory, inspection and policy formulation body; as such, it is also invo ...
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Local Government In Sri Lanka
Local government is the third and lowest level of government in Sri Lanka – after the central government and provincial councils. The local government bodies are collectively known as local authorities. They are responsible for providing a variety of local public services including roads, sanitation, drains, housing, libraries, public parks and recreational facilities. Local authorities are divided into three different groups: municipal councils, urban councils and divisional councils (pradeshiya sabha or pradesha sabhai). As of November 2017 there were 341 local authorities (24 municipal councils, 41 urban councils and 276 divisional councils). All local authorities are elected using the mixed electoral system. History Sri Lanka has a long history of local government. According to the Mahavamsa the earliest Sinhalese settlements, dating to the 4th century BC, were village based. These villages were used by the Sinhalese kings as a unit of administration. Each village w ...
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Ministry Of Urban Development (Sri Lanka)
The Ministry of Urban Development is the Sri Lankan government ministry responsible for planning and implementation of Economic social and physical development of the areas declared by the Minister-in-charge of the subject of Urban development. The ministry was established by an Act of parliament bearing No 41 of 1978. The Urban Development Authority is executively functioning under this ministry that is responsible for empowering to function as the key urban planning and implementing agency of the country. History The Urban Development Authority was established by Junius R. Jayewardene on 1978 under Act of Parliament bearing No 41 with a perspective to advance incorporated arranging and execution of Economic social and physical improvement of the ranges pronounced by responsible Minister-in-charge of the Urban Development. Departments # Urban Development Authority Mr. Nimesh Herath is the current Chairman of the Urban Development Authority of Sri Lanka. # Ministry of Urba ...
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Electricity Generation
Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its storage (using, for example, the pumped-storage method). Electricity is not freely available in nature, so it must be "produced" (that is, transforming other forms of energy to electricity). Production is carried out in power stations (also called "power plants"). Electricity is most often generated at a power plant by electromechanical generators, primarily driven by heat engines fueled by combustion or nuclear fission but also by other means such as the kinetic energy of flowing water and wind. Other energy sources include solar photovoltaics and geothermal power. There are also exotic and speculative methods to recover energy, such as proposed fusion reactor designs which aim to directly extract energy from intense magnetic fields gene ...
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Parliament Of Sri Lanka
The Parliament of the Democratic Socialist Republic of Sri Lanka (Sinhala: ශ්‍රී ලංකා පාර්ලිමේන්තුව ''Shri Lanka Parlimenthuwa'', Tamil: இலங்கை நாடாளுமன்றம் ''Ilaṅkai nāṭāḷumaṉṟam'') is the supreme legislative body of Sri Lanka. It alone possesses legislative supremacy and thereby ultimate power over all other political bodies in the island. It is modeled after the British Parliament. It consists of 225 members known as Members of Parliament (MPs). Members are elected by proportional representation for five-year terms, with universal suffrage. The President of Sri Lanka has the power to summon, suspend, prorogue, or terminate a legislative session and to dissolve the Parliament. President can dissolve Parliament only after the lapse of years or if majority of Members of Parliament requests him. The actions of the president to either suspend or dissolve the Parliament is subject ...
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