Govt adjusts power tariff upward

The government has adjusted the electricity price upward by 19 paisa (Tk 0.19) per unit at the retail level.

State Minister for Power, Energy and Mineral Resources Nasrul Hamid told BSS about the power price adjustment on Thursday.

He said the new power tariff will come into effect from the current month (January) and consumers using post-paid meter will have to pay from February.

Prepayment meter consumers will have to add the adjusted tariff to their electricity bill from this month.

From now, electricity price will be adjusted in the first week of every month, the state minister said adding, “This price will be effective by executive order.

Consumers will now be informed about the price of electricity, whether it adjusts upward or downward, in the first week of every month.”

Nasrul Hamid also said that retail customers will have to buy electricity at the new price.

Source: BSS