Power tariff raised from Feb instead of March

Power tariff will be increased from February 1 instead of March 1, said State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Thursday. Gazette notification will be issued today in regard to the power tariff adjustment, he said while briefing reporters at his ministry. Earlier he said the new tariff

Power tariff raised again at bulk, retail levels

Electricity tariff was raised at both retail and bulk levels, with effect from February 1.The Power Division - through administrative order and in two separate gazette notifications - raised the tariff. According to the new order, the retail tariff was raised at different levels of consumers. The tariff was raised

CPD questions power tariff enhancement plan

Centre for Policy Dialogue (CPD), a think-tank, has raised questions about the necessity of power tariff enhancement against the backdrop of the concerned ministry's reported proposal for an allocation of Tk 56,860 crore as subsidy.   "We don't understand why the Ministry of Power, Energy and Mineral Resources wants to raise

BERC rejects plan to raise bulk power tariff

Bangladesh Energy Regulatory Commission (BERC) has rejected state-owned Bangladesh Power Development Board's (BPDB) proposal to raise bulk power tariff. "The current charges will remain unchanged for now," State Minister for Power, Energy and Mineral Resources Nasrul Hamid said.   "BPDB's proposal has not been accepted," BERC chairman Abdul Jalil said while announcing

Decision on bulk power tariff tomorrow

Bangladesh Energy Regulatory Commission (BERC) will announce its decision on the adjustment of bulk electricity tariffs on Thursday (October 13), officials said on Tuesday.  BERC Chairman Abdul Jalil said on Tuesday that a notice would be issued soon in this regard. The BERC chief had earlier said that the regulator would announce

Growing capacity payment pushes up power tariff

CPD finds 4.7pc rise in payments since FY18 The Centre for Policy Dialogue (CPD) at seminar on power and energy sector budget said the capacity payment to private sector power plants, including rental and quick rental plants, has gone up to Tk 26,505 crore in FY2022 from Tk 5,600 crore in