DHAKA, Mar 1 (NNN-BSS) – The Bangladeshi government, yesterday, again raised the price of power at the retail level.
The retail price of electricity will be raised by five percent for the third time since Jan, and the new rate will come into effect from today, Mar 1, according to a notice from the ministry of power, energy and mineral resources, yesterday.
The average retail price of electricity will be 8.21 taka (0.079 U.S. dollar) per kilowatt hour, up from 7.82 taka per kWh.
The price was last increased on Jan 31 and on Jan 12, before that.
Bangladeshi State Minister for Power, Energy and Mineral Resources, Nasrul Hamid, had earlier said, backlog made due to financial losses in gas import would be likely to overcome to some extent, if the power price adjustment is made on a monthly basis. (1 U.S. dollar equals 104 taka).– NNN-BSS
