Bulk Power Tariff Raised by about 20%

Bulk power tariff has been raised by about 20 percent – to Tk 6.20 per kilowatt hour (each unit) from the previous Tk 5.17 – with effect from December 2022.

Chairman of Bangladesh Energy Regulatory Commission (BERC) Md Abdul Jalil announced the decision to raise the power tariff, disposing of the review appeal of the state-owned Bangladesh Power Development Board (BPDB) to raise bulk power tariff on Tuesday, reports UNB.

However, the new power tariff will not be effective for retail consumers. It will be effective only for power distribution companies and for some other bulk consumers.

BPDB filed the review appeal to BERC on November 14 – within 30 working days after its proposal was rejected by the regulator on October 13.

Before submitting the proposal, BPDB received a nod from the government’s highest policy level, the media release from BERC said. State Minister for Power, Energy and Mineral Resources Nasrul Hamid also approved the review appeal on bulk power tariff.