The government yesterday increased the electricity price once again by 5 percent at the retail level -- the second hike in 19 days as it steadily retracts subsidies from the power sector while piling the burden on common people already struggling with inflation.
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The recent retail electricity tariff hike will ultimately create an additional economic burden on the smooth operations of the private sector and power intensive industries, Dhaka Chamber of Commerce and Industry (DCCI) President Barrister Md Sameer Sattar said.
The government yesterday raised the electricity price for consumers, on average, by 5 percent, skirting around procedures of Bangladesh Energy Regulatory Commission (BERC).
The government is now hiking the retail price of electricity bypassing the public hearing of the Bangladesh Energy Regulatory Commission.