Ceylon Electricity Board
On 16 September 2014, after officially opening a completed $1.35 billion Chinese-financed 900 MW coal power plant project, Sri Lankan President at the time, Mahinda Rajapaksa addressed the nation saying that the electricity bills of the people will be reduced by 25%. The CEB stated that it will take about two weeks to come up with a process of creating electricity bills to reflect the reduction in prices.