Permissible Business Activities
- To generate, produce, manufacture, store, sell, export, supply electricity to all concerns, by whatever means including wind-mill, thermal, hydral, gas, and solar for industrial, commercial and residential use through distribution network and to construct, install, operate and maintain thereon powerhouse, civil and mechanical works and structures, grid stations, transmission towers, power lines, building, workshops and other facilities as may time to time be necessary for the attainment of the object of the company.
- To construct, lay-down, establish, fix, and carry out all necessary power stations, cables, wires, lines, accumulators, and works and to generate accumulate, distribute and supply electricity to cities, towns, streets, docks, markets, theaters, industrial zones, sites, areas and parks, buildings and places public and private.
- To carry, on and undertake all civil, electrical and mechanical works related to the aforementioned business, and to generate, accumulate, distribute and such by electricity for the purposes of light, heat, motive power and for all other purposes for which electrical energy can be employed, and to deal in all apparatuses and things required for or cable of being used in connection with the generation with the distribution, supply, accumulation and employment of electricity.
- To manage, improve, develop, buy, sell, exchange, mortgage, charge, hypothecate, pledge, assign, transfer or otherwise deal with all or any part of the property and assets, whether movable or immovable, tangible or intangible, and any right, title and interest of the company.
- To carryon any other business, which may deemed to the company capable of being conveniently carried with the above or calculated directly or indirectly to enhance the value or render profitable any of the company’s properties or rights, but the company shall not do any unlawful act or business.