According to the existing regulations, entrepreneurs must bring in foreign funds to set up the power plants, said the officials. A government committee formed on July 4 is working on finding ways to meet the power generation gap within a year, and made the official request to Bangladesh Bank on Thursday. In 2012, the government decided to raise electricity prices after the Bangladesh Power Development Board paid Tk6,000 crore to 20 rental power plants that had the capacity to produce to 1,653MW. This prompted the Bangladesh Energy Regulatory Commission to increase electricity prices by 69.25%, citing the costs incurred by expensive short-term measures. The Dhaka Tribune has learned that another plan to raise electricity prices is now being considered by the energy regulators.

Source: Dhaka Tribune July 14, 2017 17:48 UTC