Tag: Bangladesh Energy Regulatory Commission
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LPG prices see sudden jump on ‘demand-supply mismatch’
Another retailer, Saiful Islam, said he too was selling a 12 kg cylinder for Rs 1,600 – unsure whether the dealer would come with refilled cylinders in the night. Azam J Choudhary, president of LOAB, said that the prices may go up due to shortfall in supply as compared to increase in demand. Imports this…
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Parliament approves law allowing government to adjust electricity, energy prices
Minister of State for Power, Energy and Mineral Resources Nasrul Hamid put the bill to vote on Sunday and it was later passed. There was a minor parliamentary drama ahead of the bill’s ratification as Gono Forum leader MP Mokobir Khan walked out of the house in protest against the government’s move of not considering…
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Bangladesh has cut LPG prices by 5 taka per kg on the occasion of new year.
The Bangladesh Energy Regulatory Commission has reduced the price of liquefied petroleum gas, or LPG, which is used for cooking and powering vehicles, by more than Rs 5 per kilogram for January. This means that for a 12 kg LPG cylinder, which is commonly used in households, consumers have to pay Rs 1,232 including VAT,…
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Bangladesh hikes LPG price by four takas for December
According to the energy regulator, the new price will be effective from Sunday evening. This increase has come amid a rise in commodity prices in the international market. Last month, Saudi Aramco’s CP price for a tonne of propane and butane was fixed at $610 and has increased to $650 in December. Accordingly, the price…
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Govt to get powers to change fuel, power prices as cabinet passes amendment
Cabinet Secretary Khandkar Anwarul Islam said that after this the government changed the law to avoid complications. BERC does face some problems, for example, Anwarul said, sometimes it is not able to coordinate properly on an urgent basis in case of urgent need. Asked whether the Ministry of Power, Energy and Mineral Resources would be…
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Power cost tag hiked again
Electricity cost has left up by Tk 0.55 per section from Dec 1 for all sell commercial operation opposite a country, traffic a blow to a ubiquitous users who devour less. The cost of per kilowatt hour physical phenomenon has soared by 13.24 percent to Tk 4.71 in a initial proviso of a two-stage increment,…
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Power price hike likely next month
After increasing prices of petroleum oil three times in six months, the government is raising consumer-level tariffs of power once again to balance with the bulk price hiked three months back. Bangladesh Energy Regulatory Commission (BERC) chairman Syed Yusuf Hossain told bdnews24.com that the new retail price of power would be announced by December after public hearings…