The customized has been to announce such selections 90 days after BERC holds public hearings for adjusting fuel and electrical energy costs.

Throughout a listening to on January 8, BERC’s technical analysis committee had really helpful elevating the retail electrical energy worth by 15 per cent. BERC was presupposed to declare the brand new worth inside 60 working days of the listening to.

After the Bangladesh cupboard final month amended the Bangladesh Vitality Regulatory Fee (BERC) Act 2003 to incorporate a provision to allow the federal government to regulate the costs of fuel, electrical energy and gas in particular circumstances, electrical energy retail worth has been hiked by 5 per cent ignoring BERC’s public listening to. A gazette notification has been issued.

When the retail worth of electrical energy was hiked in December final 12 months by 19.92 per cent on the producers’ finish, Nasrul Hamid, state minister for energy, vitality and mineral sources and BERC chairman Abdul Jalil had assured that the retail electrical energy worth degree wouldn’t rise, in response to Bangla media experiences.

However quickly after, the six distributors began submitting their proposals to hike the electrical energy worth by an equal proportion.

Fibre2Fashion Information Desk (DS)