PDB proposes 23% hike in bulk power prices - News Summed Up

PDB proposes 23% hike in bulk power prices


The state-owned agency made the proposal at the public hearing on bulk power tariff and transmission cost, held by the Bangladesh Energy Regulatory Commission or BERC on Thursday. However, after reviewing the proposal, the BERC said the price can be increased by 19.5 percent per unit to adjust transmission costs. At the hearing, BPDB General Manager (commercial operation) Md Kausar Ameer Ali said that the bulk electricity transmission cost was Tk 5.83 in fiscal 2018-19 and now electricity bulk tariff rate is Tk 4.77. “As a result, the BPDB faced a loss of over Tk 68.62 billion in the last fiscal year.”The BPDB estimated a loss of about Tk 86 billion next year taking the rising transmission cost into account. The power distribution companies started submitting the price hike proposals to the BERC in the middle of October.


Source: bd News24 November 28, 2019 11:58 UTC



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