Home » Bangladesh Publication » Bill No. 06 dated 22 January 2023 issued by Bangladesh Energy Regulatory Commission (“BERC”) on “Amendment of the Bangladesh Energy Regulatory Commission Act 2003”
Bill No. 06 dated 22 January 2023 issued by Bangladesh Energy Regulatory Commission (“BERC”) on “Amendment of the Bangladesh Energy Regulatory Commission Act 2003”
January 25, 2023A parliamentary amendment of the Bangladesh Energy Regulatory Commission Act on the adjustment of gas and electricity tariffs has passed. As per the amendment, a new clause has been added that allows the government to adjust tariffs by notification or official gazette without a public hearing.
The amendment also shortened the time period for the BERC to make a decision on proposals submitted by licensees seeking adjustment of a tariff. Previously, the BERC had 90 days from receipt of a proposal to publish notification of its decision; that period has changed to 60 days.
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