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THE BOARD’S STATUTORY OBLIGATION
“The Board is under a statutory duty to develop and maintain an efficient,
co-ordinated and economical system of Electricity Supply.
It is also the duty of the Board to generate or acquire supplies of electricity ;
to construct, maintain and operate the necessary works for the generation
of electricity by all means, to construct, maintain and operate
the necessary works for the inter-connection of Generating Stations
and Sub-stations and for the transmission of electricity in bulk
from Generating Stations and Sub-stations to such places
as may be necessary from time to time;
to distribute and sell electricity in bulk or otherwise”.
“It is the duty of the Board to exercise its powers and
perform its functions so as to secure that the revenue
of the Board are sufficient to meet its total outgoing properly
chargeable to revenue account including depreciation
and interest on capital, and to meet a reasonable proportion
of the cost of the development of the services of Board”.
(Ceylon Electricity Board Act No. 17 of 1969)
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