supply and distribute electricity and to sell it throughout the Mandate for Palestine, except in Jerusalem and its environs. The plant produced much of the energy consumed in Mandatory Palestine until the 1948 Palestine war. Other power plants were built in Tel Aviv, Haifa, and Tiberias. Jerusalem was the only part of Mandatory Palestine not supplied by Rutenberg's plants. Mavromatis defended the concession for Jerusalem granted to him by Ottoman authorities, and resisted Rutenberg's attempts to build a power station that would serve Jerusalem. Only in 1942, when his British-Jerusalem Electric Corporation failed to supply the demands of the city, did the Mandatory government ask the Palestine Electric Company to take over the supply of electricity to Jerusalem. The Concessions expired after 70 years, i.e., on 3 March 1996, and from that time Israel's Electricity Sector Law - 1996 has applied, replacing the Electricity Concessions Order of 1927 of the Mandatory authorities. (See Electricity Authority (Israel).) Today The IEC is one of the largest industrial companies in Israel, owning and operating an extensive nationwide power distribution network fed by 17 power station sites (including 5 major thermal power stations) with an aggregate installed generating capacity of 10,899 MW. Most of the base load electricity is generated using coal, though by the end of 2010 the company expected the majority (55%) of total installed generation capacity to be in the form of natural gas plants. In 2009, the company sold 48,947 GWh of electricity. To meet projected future electricity demand, an IEC capital investment program provided for the addition of 2,578 MW of installed capacity by the end of 2011. In addition, the government of Israel was seeking private companies to generate an additional several thousand megawatts by the middle of the 2010s, which would then be distributed by the IEC. The Orot Rabin power station owned by the IEC has Israel's second-tallest structure, a chimney, standing at 300 m, while Tel Aviv's distinctive Reading Power Station was one of its earliest. Israeli former Olympic sailor Shimshon Brokman has worked for Israel Electric Corporation since 1988, from 2006 as Head of the Fuel Management Department. The company's current CEO is Ofer Bloch. Generation capacity Palestinian territories IEC provides power to the Palestinian territories. It is one of three sources of power for the Gaza Strip, and the West Bank. Palestine Electric Company, founded in 1999 as a subsidiary of Palestine Power