The Bangladesh Vitality Regulatory Fee (Berc) is prone to announce the retail electrical energy tariff adjustment order this Thursday, stated sources on the fee.

Earlier on 15 January, the regulatory fee introduced postponement of the tariff adjustment processes because the Vitality and Mineral Assets Division had already hiked the electrical energy worth by 5% with an government order.

However the fee now seeks to settle the difficulty because it carried out a public listening to and did verification, in accordance with Berc Chairman Md Abdul Jalil.

Requested whether or not the fee is climbing or decreasing the tariff, Jalil advised The Enterprise Commonplace that the fee members would determine it maintaining in thoughts the current hike by the Vitality Division.

Nevertheless, a member of the fee stated they’ll dismiss the distribution corporations’ tariff hike proposal.

On 21 November final yr, the fee introduced a 19.92% hike in bulk electrical energy tariff from Tk5.17 kWh to Tk6.20 kWh, which was enacted in December.

Following the hike, energy distributors and the lone transmission firm – Energy Grid Firm of Bangladesh – appealed to Berc to regulate the retail tariff and enhance their distribution and transmission costs.

On 8 January this yr, Berc held a public listening to the place distribution firm officers proposed full adjustment of the majority hike to the retail degree and to extend distribution costs by 42.73% on a mean, whereas the Energy Grid Firm proposed climbing transmission payment by 118.51%.

Analysing the proposals, Berc’s technical committee, nevertheless, beneficial a retail electrical energy tariff hike of 15.43% to Tk8.23kWt from Tk7.13 kWh.

The fee then advised the media that it’s going to announce the tariff by 30 January after analysing the post-hearing paperwork and arguments. However the authorities elevated the electrical energy worth by 5% on 12 January earlier than the Berc announcement.