The Objects of the Committee shall be :

• To ensure an adequate supply of electrical energy, petroleum and other energy requirements;
• To regulate the provision of electrical energy, the petroleum supply and the utilisation of other energy resources.

The Committee shall exercise the following powers to -

• purchase or otherwise deal with-
  (1) electricity
  (2) all forms of petroleum products;
   
• deal in any manner with all forms of renewable energy resources;
    
• ensure the cost effectiveness of all aspects of the operations of the Ceylon Petroleum Corporation and the Ceylon Electricity Board;
   
• conserve energy and promote other energy resources;

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