President Mahinda Rajapaksha Extended The Price Relief Formula For Electricity Consumers By 30 Units

President Mahinda Rajapaksha has today instructed the officials of Ceylon Electricity Board(CEB) to extend the price relief formula offered to the electricity consumers to 120 units from  90 units which has earlier stated.President Rajapksha has earlier announced during his 2011 Budget Speech that a 8 percent tariff hike will be imposed on electricity consumers who are using more then 90 units of electricity.

However the Schools,Hospitals and Religious Centers are excluded from that tariff hike.According the Power and Energy Ministry 4.2 million electricity consumers will not subjected for a 8 percent traffic hike after the 120 unit price formula plan implemented.