Sat, 10 December 2022
The Daily Ittefaq

No bulk electricity price hike for now

Update : 13 Oct 2022, 14:35

The government has decided to retain the previous price of bulk electricity for now, said the Bangladesh Energy Regulatory Commission (BERC) on October 13.

BERC Chairman Abdul Jalil confirmed this to media at 12noon on Thursday at a virtual press conference.

‘The commission did not have enough data required for declaring a justified bulk electricity price,’ said Jalil.

"The decision was to be announced within 90 working days. And we announced it today as Thursday (October 13) is the last day. The current charge will remain unchanged right now," he added.

In the middle of January this year, the state-run Bangladesh Power Development Board (PDB) submitted a proposal to the BERC to raise bulk power tariff hike by 65.57 per cent. In its proposal, the PDB sought to raise the tariff for each unit of bulk power from Tk 5.17 to Tk 8.58.

Responding to the proposal, several public hearings were held on it and on May 18 last, the technical evaluation committee of the BERC proposed to raise the bulk power tariff by almost 58 per cent.

The last bulk electricity price was announced on 27 February 2020, when the energy regulator hiked the price by 8% to Tk5.17kWt from Tk4.77kWt. Then the board used to buy power at Tk3.46 kWt-Tk43.42kWt.

 

 

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