To support this move, the tax deduction at source (TDS) during electricity purchase payments has been reduced to 4 percent from the existing 6 percent
Squandering of funds in the name of capacity charges must stop
More than a third of the subsidies allocated in the new budget is for the power sector due to what experts say is the huge spending on capacity charges.
To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.
The authorities must start paying heed to expert recommendations on energy sector-related decisions.
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.
Give us 5 mins and we'll catch you up with all the important news of the day.
Latest government decisions regarding energy are textbook examples of regulatory capture
Public money is being used to shore up PDB's losses and pay profiteering private companies
Give us 5 mins and we'll catch you up with all the important news of the day.
Latest government decisions regarding energy are textbook examples of regulatory capture
Public money is being used to shore up PDB's losses and pay profiteering private companies
The mild cold cave sweeping across the nation may abate soon according to meteorologists. Here's everything you need to know about what's happening all around.
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.
The rise in the prices of goods has led to many people suffering from a silent famine.
Professor M Shamsul Alam talks to Naznin Tithi of The Daily Star about the reasons behind the recent electricity price hike and how the energy sector can be made more efficient.
What impacts will the recent electricity price hike bring, in the context of the ongoing inflation?
