Home breadcru News breadcru Policy breadcru Bangladesh's BERC postpones retail power tariff adjustment process

Bangladesh's BERC postpones retail power tariff adjustment process

17 Jan '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

With Bangladesh’s energy and mineral resources division hiking the electricity price by 5 per cent through an executive order dated January 12, the Bangladesh Energy Regulatory Commission (BERC) has postponed the adjustment process of retail electricity prices.

BERC's technical committee had recommended earlier this month a retail electricity tariff hike of 15.43 per cent and was supposed to come up with an order by January 30.

"If we announce another tariff order, after the ministry hiked the price with a gazette, it will create a conflicting situation," BERC chairman Mohammad Abdul Jalil was quoted as saying by Bangladeshi media outlets.

On November 21 last year, BERC raised the bulk electricity tariff by 19.92 per cent from Tk5.17 per kWh to Tk6.20 per kWh. The hike was effective from December.

Following that, power distribution companies and the lone transmission company appealed the regulatory commission to adjust the retail tariff in line with the bulk one and to increase their distribution and transmission charges.

ALCHEMPro News Desk (DS)

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