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The new Managing Director of State Electric Company Limited (STELCO) Ahmed Shareef said on Sunday evening the company will work to earn the trust of the citizens and stop depending on subsidies provided by the state to run the company.
Speaking at the ceremony held in Dharubaaruge to celebrate the company’s 25th anniversary, Shareef said that they had to completely change the direction of the company in the past. Instead of depending on state allocated subsidies, Shareef said the company should sell different products so that they can reduce the price of electricity through the income generated on those sources.
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