The Bangladesh Vitality Regulatory Fee (modification) Invoice was positioned in Parliament on Sunday, aiming to create scope for the federal government repair the costs of energy and power with out public listening to.
State Minister for Energy, Vitality and Mineral Sources Nasrul Hamid positioned the Invoice within the Home and it was despatched to the respective scrutiny committee for additional examination.
The committee was requested to submit its report inside 5 days.
Earlier, Legislation minister Anisul Huq positioned the “Bangladesh Vitality Regulatory Fee (modification) Ordinance, 2022” in Parliament on Jan 5.
President Abdul Hamid promulgated the ordinance on December 1 final amending the Bangladesh Vitality Regulatory Fee (BERC) Act-2003.
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The regulation ministry issued a gazette on December 1 on the modification that enables authorities to regulate the costs of gasoline and electrical energy in addition to gasoline oil.
Beforehand, the Ministry of Energy, Vitality and Mineral Sources used to regulate the costs of gasoline together with diesel, octane, kerosene and petrol with none listening to however the costs of gasoline and electrical energy had been adjusted by the BERC by hearings.
With the modification of the Bangladesh Vitality Regulatory Fee (BERC) Act-2003, the ability ministry won’t require to carry a listening to to resolve new costs for gasoline and electrical energy.
The BERC is an autonomous physique which was established based mostly on the Bangladesh Vitality Regulatory Act 2003, aiming at bettering energy and power infrastructure in Bangladesh. The regulation was amended thrice up to now.
The Cupboard on November 28 authorized an modification to the BERC Ordinance 2022 to empower the federal government to set gasoline tariff by itself beneath particular circumstances with out ready for the fee’s public listening to and choice.