BERC recommends raising bulk power price by 58pc

Bangladesh Energy Regulatory Commission has recommended increasing the bulk power tariff by 57.83 percent.

BERC technical committee made the recommendation at a public hearing at BIAM Foundation auditorium in the capital of Dhaka on Wednesday.

Its recommendation is 7.74 percent less than the Bangladesh Power Development Board's proposal of hiking the price by 65.57 percent.

The technical committee recommended increasing the bulk power price by Tk 2.99 per unit against BPDB's proposal of raising it by Tk 3.39 per unit. 

Currently, the BPDB is selling wholesale power at Tk 5.15 per unit, and the government is also giving subsidiary Tk 3.39.

The agency proposed to increase the price by Tk 8.56 per unit without a subsidiary but BERC recommended the tariff hike by Tk 8.16.

BPDB director general, director and its different level officials, and BERC chairman and its members were present, among others, at the public hearing.

MIS/SU