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The Financial Express

‘Bulk power tariff hike won’t affect retail consumers’

| Updated: November 21, 2022 19:08:52


‘Bulk power tariff hike won’t affect retail consumers’

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that right now, the bulk power tariff hike will have no impact on the masses.

"BERC (Bangladesh Energy Regulatory Commission) will examine whether it will have any impact on retail consumers in future," he told reporters.

Nasrul Hamid made the remark while talking to reporters at his ministry on Monday, following the announcement made by BERC to raise bulk power tariff by 19.92 per cent with effect from December, 2022.

As per the announcement, the bulk power price will go up to Tk 6.20 per kilowatt hour (each unit) from previous Tk 5.17, reports UNB.

Nasrul Hamid said the government wants to ensure uninterrupted power supply to consumers. "That's why power tariff adjustment was needed," he added.

Earlier, Nasrul Hamid said that the power distribution entities are preparing their proposals to submit to BERC - seeking a hike in the electricity tariff at retail level.

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