New Delhi :The Aam Aadmi Party government on Tuesday gave a new year gift to the people of Delhi, announcing a 50 per cent subsidy on power consumption of up to 400 units. After fulfilling yet another major poll promise CM Kejriwal appears all set to order a CAG audit of three private power distribution companies.

A day after implementing the first promise of free water supply of 667 litres a day, a meeting of the Cabinet chaired by Chief Minister Arvind Kejriwal got down to the business of providing relief to the citizens on the power front.

Fulfilling yet another major poll promise the Chief Minister said the burden on account of enlarging the subsidy will be Rs 200 crore for the next three months, although the cash outgo will be Rs 61 crore and the rest will be a book adjustment.

After Tuesdays decision, which will come into effect from Wednesday (January 1,2014) for three months, people consuming up to 200 units would have to pay Rs 1.95 per unit against the current rate of Rs 2.70. For units above 201 and up to 400, the charges will be Rs 2.90 per unit against the current Rs 5.