Bulk electricity tariffs to be announced on Thursday

The new tariffs of bulk electricity will be announced on Thursday.

Bangladesh Energy Regulatory Commission (BERC) Member (Power) Mohammad Bazlur Rahman said on Tuesday.

"The commission has decided to announce the new price of electricity on Thursday after a discussion held on Tuesday," he said.

Earlier the technical evaluation committee formed by BERC has proposed to increase the price by 58 percent without subsidy. Later, the government informed about the subsidy of Tk 17,000 crore," he added.

The wholesale price of electricity was increased for the Power Development Board (PDB). PDB supplies electricity at this price to the supplier companies at the consumer level. 

In its recommendation, the technical committee said it would not be possible to implement the wholesale price rate unless the price is increased at the consumer level. 

Concerned officials said this price increase will have an impact on the customers as well.