The Story of Lanka Electricity Company
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 166 |
Release | : 2022-07-01 |
ISBN-10 | : 9789292695866 |
ISBN-13 | : 929269586X |
Rating | : 4/5 (66 Downloads) |
Book excerpt: The story of Lanka Electricity Company (Pvt) Limited (LECO) of Sri Lanka is how one of the earliest examples of electricity industry reforms in 1983 turned into a landmark example for South Asia and beyond. Homegrown technical innovations, implemented with Asian Development Bank’s support for investments and to improve governance in Sri Lanka’s electricity distribution sector, eventually led to improved performance. Developing an organizational culture that prioritizes meticulous planning, distribution engineering, customer care, and financial viability, LECO overcame challenges and learned lessons to be the success it is today. LECO looks forward to meeting the emerging challenges of a modern utility to host distributed generation.