DHAKA, Feb 27, 2024 (BSS) - The government has raised the natural gas prices by Taka 0.75 for power plants including captive with effect from February. According to the Bangladesh Energy Regulatory Commission (BERC) Act, 2003, the government, for public interest, adjusted selling price of gas used for power generation at Taka 14.75 from Taka 14 per cubic meter (coordination rate 5.36%) and in captive power generation Taka 30.75 from Taka 30 per cubic meter (coordination rate 2.50%). 6,570.54 crore in the FY 2023-24 in this sector due to difference between production, import, supply price and selling price of natural gas. The release said gas demand for power generation is usually increased during agricultural irrigation season, Ramadan month and the summer. But price adjustments is remain unchanged in industrial, household, fertilizer producing, CNG, commercial and tea industries, it however, said.

Source: Bangladesh Sangbad Sangstha February 27, 2024 19:09 UTC