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Supreme Court: No bar to hike gas prices

  • Published at 08:27 am June 5th, 2017
  • Last updated at 10:49 am June 5th, 2017
Supreme Court: No bar to hike gas prices
The Appellate division has extended its stay on a High Court order that put a six-month embargo on a government decision to raise gas prices for all consumers in the second phase that came into effect from June 1. A four-member bench, led by Chief Justice Surendra Kumar Sinha, passed the order on Monday, reports UNB. The bench also asked the High Court bench that stayed the second hike to dispose its (HC) rule by July 31. Attorney general Mahbubey Alam said there would be no bar to continue the latest hike of gas prices. The Supreme Court on May 30 stayed the High Court order. Chamber Judge Justice Syed Mahmud Hossain passed the order after hearing a petition filed by the Bangladesh Energy Regulatory Commission (BERC). The court also sent the petition to the regular bench of the apex court for hearing on June 5. On February 28, the High Court stayed for six months the government decision for raising gas prices following but the BERC moved the Appellate Division. On February 23, BERC hiked gas prices for the first time in two years. It then announced a decision to raise the prices twice this year – in March and in June – ignoring the BERC Act that prohibits it from doing so. Household consumers have been paying Tk 750 for single burner while Tk 800 for double burner a month for the first phase gas price hike which took effect on March 1. From June 1, households will have to pay Tk900 for single burners and Tk950 for double burners. Earlier, the gas price was Tk 600 for single burners and Tk 650 for double burners.
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