Power tariffs set to rise from March
Dhaka, Feb. 26 -- Power tariffs may rise pro rata from March 1 as initial government course under a new reform recipe to rescind state subsidy on this sector within next three years.
Energy experts and economists take strong exception to the government proposal to further increase electricity tariffs. They rather suggest reappraisal of the power sector's financial management, specifically pointing out excessive and questionable spending, as a more effective remedy for the sector's financial woes.
Power Division under the Ministry of Power, Energy and Mineral Resources (MPEMR) is likely to raise the power tariffs by administrative orders in a couple of days, a senior official of the state-run Bangladesh Power Development Board (BPDB) tol...
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