Saturday 3, June 2023

After power, now gas to get costlier

Time Digital Report:The government has hiked the gas price for industries, power production and hotels and restaurants, effective from next month.

However, the price of gas used for household, fertiliser production, CNG-run vehicles and tea gardens will remain unchanged, according to a gazette notification issued today.

The price was hiked following an executive decision of the government.

According to the gazette, the electricity price (government, PPP and rental power plat) will increase from Tk 5.02 per cubic meter to Tk 14.00, which is a 178.88 percent hike.

The total rate of increase is from lowest 14.49 percent to highest 178.88 percent.

The government on January 12 raised the electricity price for consumers, on average, by 5 percent, skirting around procedures of Bangladesh Energy Regulatory Commission (BERC).

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