Govt to fix energy prices without public hearing
Bill placed in JS23 January 2023
News Desk :
The Bangladesh Energy Regulatory Commission (amendment) Bill was placed in Parliament on Sunday, aiming to create scope for the government fix the prices of power and energy without public hearing.
State Minister for Power, Energy and Mineral Resources Nasrul Hamid placed the Bill in the House and it was sent to the respective scrutiny committee for further examination.
The committee was asked to submit its report within five days, reports UNB.
Earlier, Law minister Anisul Huq placed the "Bangladesh Energy Regulatory Commission (amendment) Ordinance, 2022" in Parliament on Jan 5.
President Abdul Hamid promulgated the ordinance on December 1 last amending the Bangladesh Energy Regulatory Commission (BERC) Act-2003.
The law ministry issued a gazette on December 1 on the amendment that allows government to adjust the prices of gas and electricity besides fuel oil.
Previously, the Ministry of Power, Energy and Mineral Resources used to adjust the prices of fuel including diesel, octane, kerosene and petrol without any hearing but the prices of gas and electricity were adjusted by the BERC through hearings.
With the amendment of the Bangladesh Energy Regulatory Commission (BERC) Act-2003, the power ministry will not require to hold a hearing to decide new prices for gas and electricity.
The BERC is an autonomous body which was established based on the Bangladesh Energy Regulatory Act 2003, aiming at improving power and energy infrastructure in Bangladesh. The law was amended thrice in the past.
The cabinet on November 28 approved an amendment to the BERC Ordinance 2022 to empower the government to set fuel tariff on its own under special circumstances without waiting for the commission's public hearing and decision.