• Tuesday, Feb 07, 2023
  • Last Update : 10:24 am

PDB proposes bulk power price hike from April

  • Published at 08:07 pm February 25th, 2017
  • Last updated at 08:35 am February 26th, 2017
PDB proposes bulk power price hike from April
It also proposed that the new pricing be made effective from April 1. PDB’s proposal says it is necessary to raise power tariff to Tk5.59 from Tk4.87 in current fiscal year to bridge the loss gap. An official of the PDB told the Dhaka Tribune requesting anonymity: “The government is providing a lot of power connections in rural areas. In those areas the price of power is very low. As a result, the deficit between cost and revenue has gone up.” The PDB is now selling per unit electricity to power distribution companies for Tk4.90 but for the expense raise the price is now Tk4.87. “We received the proposal of the PDB to raise the power tariff at bulk level on February 23,” an official of BERC told the Dhaka Tribune on Saturday seeking anonymity. The PDB is facing losses because of constantly rising cost of production but the bulk tariff has not increased correspondingly, PDB Chairman Khaled Mahmood told the Dhaka Tribune on Saturday. “We want to reduce the government’s subsidy burden in the power sector,” he said. The PDB had to face Tk3,500 crore financial losses last year, Khaled said. As the price of gas has been raised already, it is rational to raise the price of electricity, he added. After the PDB’s proposal goes through, the distribution companies will in turn propose to raise retail power tariffs, which will be raised at public hearings by BERC. The PDB in its proposal said it purchases power from rental and IPP power plants, Electricity Generation Company of Bangladesh (EGCB) Ltd, Rural Power Company Limited (RPCL), Ashuganj Power Station Company Ltd (APSCL) and North-West Power Generation Company Limited (NWPGCL). It sells power to its bulk consumers – Dhaka Power Distribution Company Ltd (DPDC), Dhaka Electric Supply Company Ltd (Desco), Rural Electrification Board (REB), West Zone Power Distribution Company Limited (WZPDCL), North West Zone Power Distribution Company Limited (NWZPDC) and to its retail consumers in its own distribution regions – at the price fixed by the BERC. Last year, those five state-owned power distribution companies sent proposals to BERC to raise retail power tariffs but the BERC never took it into account. Prof Shamsul Alam, energy adviser of the Consumers Association of Bangladesh, told the Dhaka Tribune: “If we think in line with the international market, then this type of decision is completely illogical. The PDB should reduce the electricity price rather than raise it.” The simaltenous gas and electricity price hike would have a severe impact on household costs, he said.
Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail