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Govt to No Longer Determine Electricity, Gas Prices

Rtv News

  20 Oct 2024, 16:05
Photo: File Picture

Bangladesh Energy Regulatory Commission (BERC) will determine the price of electricity and gas from now, said Muhammad Fauzul Kabir Khan, the adviser for the Ministry of Power, Energy and Mineral Resources.

He stated this at a seminar related to 'energy' organized at a hotel in the capital on Sunday (October 20).

Muhammad Fauzul Kabir Khan said, "Not the government, Bangladesh Energy Regulatory Commission (BERC) will determine the price of electricity and gas from now on through public hearings. This decision will come through BERC."

He said that the previous government also cheated on people about fuel. They were not interested in gas exploration. They were interested in building a power plant citing urgent reasons and increased demand.

The energy adviser said that the government has no objection if any organization wants to take the initiative of renewable energy production. However, if they want to sell electricity to the government, they must come through a tender.

He also said that currently, the elected government is not in power, but the interim government has taken charge. There is no designated bidder in the ministry now.

Fauzul Kabir said about the movement on various demands, "There is no opportunity to accept all the demands. If you think this government is weak, you will be wrong. Banking Commission is necessary to build a strong banking sector in the future."

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