Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Friday, September 22, 2017 09:24:09 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Renewed electricity price hike not justified

By
07th-Sep-2017       
Comments
Share your thought
Post a comment »
Read all () »

THE country is facing another electricity price hike soon as per a media report sending shock waves to the nation. Electricity price hike at regular interval is making people's life miserable while we wonder why the government is not sensitive about it. As per sources the price hike may be around 15 percent this time at wholesale level while it may be around 10 percent at consumers level. Bangladesh Energy Regulatory Commission (BERC); which holds public hearing but literally work to implement the government wish, is scheduled to hold hearing on the new move on September 25 to arrive at a decision.

Consumers Association of Bangladesh (CAAB) has ridiculed the move saying it has no rationale whatsoever except arranging more funds to pay private power producers who are selling electricity to the government at exorbitantly high rates. These are unsolicited deals taking the nation hostage to power producers that include powerful people within the government.

Only last year the government increased electricity price followed by similar price hike of at least seven times in eight years. It is not only seriously impacting people's affordability but also enormously adding to cost of doing business. Not only electricity price, the government is also hiking gas and water tariff regularly along with other service charges and the combined affects have left the country's investment climate sluggish. Enough local and foreign investment is not coming and its growth potentials remained underutilized. 

There is no clear answer why construction of big power plants in the public sector is facing slow down, which are capable to provide electricity at less that half price of private power producers. Moreover why the government is not switching to alternative option of producing cheaper electricity. Even the recent solar power deals with some private producers were inked at higher cost without competitive tenders.  The fairness of such deals comes under open questions.

We must say the government must stop using the age-old problem known as 'system loss', as an excuse to charge higher electricity price. The authorities must stop illegal electricity connection causing huge loss to the government. Party men and trade union leaders and workers are stealing big chunk of electricity and passing the loss on to consumers. It can't be a way of minting illegal fortune.

In our view a government sensitive to people owes not to be oppressive and refrain from allowing power sector to be used as virgin ground for private business. With reasonable cost of electricity and other utilities life will be easier to people and business will face less impediments to grow. We suggest the government should not raise power tariff any more.


Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Shortage of food, water and medicine in Rohingya camps makes life difficult


FOLLOWING the influx of some 26,000 pregnant mothers, 40,000 lactating kids, and 2,00,000 children out of an estimated more than 4,00,000 migrated Rohingyas from Myanmar - many are now at high risk due to lack of proper health care, food, water and medicines. When some of the high-ups of the ...

Sports »

Kristie Ahn of the United States returns a shot to Veronica Cepede Royg of Paraguay during their second round match at the Korea Open tennis championships in Seoul, South Korea on Thursday.


City »

From left- former Vice-President of Dhaka University Central Students Union (DUCSU)Sultan Mohammad Monsur Ahmed, , Krishok Sramik Janata League President Bangabir Kader Siddique, Bir Uttam, General Secretary respectively of the Jatiya Samajtantrik Dal Abdul Malek Ratan, Bangladesher Samajtantrik Dal (BaSaD) General Secretary Khalekuzzaman, President of Bikalpa Dhara Bangladesh (BDB) Dr AQM Badruddoza Chowdhury, Gana Forum President Dr Kamal Hossain, Professor Dilara Chowdhury of Jahangirnagar University, former State Minister for Foreign Affairs Ministry Abul Hasan Chowdhury and weekly Robbar Editor Syed Tosharaf Ali spoke at a rally title


Entertainment »

Hera`s one decade in showbiz


Sheikh Arif Bulbon :Popular model cum actress Ruksana Ali Hera has already passed 10 years in media. She was first seen as a still model of Banglalink taken by photographer Iqbal Ahmed. She also started her career as a model in a visual advertisement of mobile company Airtel under the ...

Entertainment »

Nagpada Godmother's grandkids to feature in 'Haseena Parkar'


Shraddha Kapoor will essay the role of dreaded don Dawood Ibrahim's sister Haseena Aapa in Apoorva Lakhia's upcoming film 'Haseena Parkar' and we have learned that the film also features actual grandkids of the real Haseena Parkar, who was referred to as the 'Godmother of Nagpada'.  Confirming the same, director ...

International »

Russian special forces helping Syrian troops in key city


AP, Moscow :Russian special forces are helping Syrian government troops fight Islamic State militants in the battle underway for the strategic city of Deir el-Zour in eastern Syria, the defense ministry in Moscow said on Thursday.The deployment comes amid rising concerns of a direct confrontation on the ground between Russian-backed ...

Editorial »

Suu Kyi`s speech cannot silence the critics


STATE Counsellor of Myanmar Aung San Suu Kyi finally broke her silence on the Rohingya refugee crisis Tuesday insisting that her country was not "afraid of international scrutiny." But her speech in Naypyidaw drew widespread criticism, such as; she did not denounce atrocities against Rohingyas and claimed the government needed ...

Football »

Bayern`s Arturo Vidal is celebrated after he scored the third goal for Bayern during the German Bundesliga soccer match between FC Schalke 04 and Bayern Munich at the Arena in Gelsenkirchen, Germany on Tuesday.


Entertainment »

Feels good that like-minded people are in CBFC: Vidya Balan


Last month, much to the relief of filmmakers and the audience, the Censor Board of Film Certification underwent a revamp in August. Padma Shri recipient and lyricist Prasoon Joshi replaced Pahlaj Nihalani as the chairperson and revered film personalities like Vidya Balan and TS Nagabharana became board’s new members. Hopes ...

International »

Iran in UN spotlight as Trump threatens nuclear deal


AFP, United Nations :Tehran will defend itself on the world stage on Wednesday with President Donald Trump threatening to trigger a new international crisis by pulling out of the Iran nuclear accord.Iran's President Hassan Rouhani is to address the United Nations General Assembly, where worried world leaders are fearful of ...

City »

Residents of Dolaipar area in the city facing acute water crisis as water with bad smell has been coming from the WASA line. People have to collect drinking water from the only WASA pump in the areas standing in long queue.


Editorial »

Our inactive diplomacy is deplorable : We shall need armed support


IT'S almost a month since Myanmar has started to push Rohingya Muslims illegally into Bangladesh; creating a burden for an economically weaker country like ours. Our government waiting eagerly for the international power houses to act quickly and solve the problem for us. But all our so-called proven friends like ...

Entertainment »

Antora Azim`s web series Basic Ali


Sheikh Arif Bulbon :Few years ago, Antora Azim started her acting career through Adnan Al Rajib’s a play titled Middle Class Sentiment. Under his direction Antora also performed as a model in a TV commercial of Banglalink. Later she took break from media for her study. She again started shooting ...

Entertainment »

Bhoomi item song by Sunny Leone faces Censor scissors - fans to face disappointment


The Censor Board always has a last laugh because of the immense powers vested with it. And with power comes responsibility. The Central Board of Film Certification is a statutory censorship and classification body under the Ministry of Information and Broadcasting, Government of India. Bhoomi has been at the receiving ...

City »

BNP Standing Committee Member Amir Khasru Mahmud Chowdhury, among others, at a discussion on `Bangladesh`s Position in Rohingya Crises` organised by Bangladesh Youth Forum at the Jatiya Press Club on Tuesday.


 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news