October 3, 2022
DHAKA – Bangladesh Energy Regulatory Commission will soon announce a fresh hike in bulk power price, said BERC Chairman Abdul Jalil yesterday.
“We are at the final stage. The announcement will come in due time,” he said while announcing the LPG price for October.
Earlier, on May 18, BERC held a public hearing over an application of the Bangladesh Power Development Board.
During the hearing, the technical committee of BERC recommended around 58 percent hike in bulk electricity price.
According to Bangladesh Energy Regulatory Commission Act 2003, the authorities must announce the revised price within 90 working days from the date of the hearing.
The deadline for announcing the fresh price is October 13.
The bulk power price is set for the Bangladesh Power Development Board (BPDB). BPDB supplies electricity at this price to the supplier companies at the consumer level.
In the recommendation of BERC technical committee, it was mentioned that the implementation of the bulk power price could not be implemented unless the price was increased at the consumer level.
Asked about the announcement, BERC chairman said, “We are going through a judgment of 50 to 60 pages, of which every word must be checked. We are taking some time for that.”
12KG LPG PRICE SLASHED BY TK 35
Meanwhile, BERC slashed the price of private operators’ liquefied petroleum gas (LPG) by Tk 35 per 12 kg. The price of each 12kg cylinder is now Tk 1,200.
The announcement came in a virtual press conference yesterday.
BERC lowered the LPG price by Tk 2.87 per kg for October, which reduced the price to Tk 100.01.
However, the price of the government-managed company, LP Gas Limited, remained unchanged at Tk 591 per 12.5kg.
According to the new tariff, the price of gas, used for motor vehicles, has dropped from Tk 57.55 per litre to Tk 55.92.