Bangladesh Energy Regulatory Commission has fixed Tk 1,178 as the price of the 12kg LPG cylinder for April, down by Tk 244 from the previous month.
Due to government interventions, the independent oversight of the Bangladesh Energy Regulatory Commission is being compromised, crippling its ability to ensure transparency in the sector, energy at a reasonable cost, and consumers’ interest protection.
If the government itself fixes the price, will public interest be preserved?
The prices of electricity, gas and diesel are set to increase one by one as the government pulls back the subsidies in keeping with the austerity measures.
What impacts will the recent electricity price hike bring, in the context of the ongoing inflation?
Price of liquified petroleum gas (LPG) has increased by Tk 4.25 per kg to Tk 104.26 from previous rate of Tk 100.01 per kg as the Bangladesh Energy Regulatory Commission (BERC) today (November 2, 2022) announced the new value of the petroleum gas for the month of November.
The Consumers Association of Bangladesh took the Bangladesh Energy Regulatory Commission to court to make them review their decision to hike gas prices and the High Court on Monday asked BERC why it was not doing so.
Petrobangla used around Tk 2,000 crore from the Gas Development Fund, which was formed for gas exploration, to import liquefied natural gas. According to Bangladesh Energy Regulatory Commission, Petrobangla did not take necessary permission for this.
Petrobangla spent Tk 2,000 crore from the Gas Development Fund (GDF), meant for gas exploration, to import LNG without the permission of Bangladesh Energy Regulatory Commission.
The energy regulator today reduced the retail prices of liquefied petroleum gas (LPG) of private companies by Tk 93 for every 12kg LPG cylinder.
Much to the chagrin of consumers, rights groups and businesses, the Bangladesh Energy Regulatory Commission (BERC) yesterday raised the power tariff by 5.3 percent or Tk 0.35 per kilowatt-hour unit on an average.
The general trend has been to pass on “losses” sustained by state-owned entities to retail and bulk consumers alike without so much as reducing a part of their profit or efficiency. Does the government care for rewarding efficient management and cost saving enterprises?
Consumers Association of Bangladesh (CAB) threatens to move the court if the recent price-hike of gas and power is not reconsidered.
Bangladesh Passengers' Welfare Association today demanded the government not to increase public transport fare on the excuse of gas price hike.
Bangladesh Energy Regulatory Commission (Berc) increases the average power retail price by 2.93 percent and gas price by 26.29 percent with effect from September 1.