Energy Bangla

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Dhaka Sunday,  Jun 24, 2018

HC Stays Second Phase Of Gas Price Hike

EB Report

The High Court has put a six-month embargo on the government’s decision to increase prices of household and industrial gas for a second time in June this year.

Tuesday’s order came from the bench of justices Moyeenul Islam Chowdhury and JBM Hassan after a primary hearing on a writ petition filed by Consumer Association of Bangladesh a day ago.

Last week, the regulator announced it would hike gas prices twice this year – in March and again in June – ignoring the Bangladesh Energy Regulatory Commission (BERC) Act that prohibits it from doing so.

Also Read- Two gas price hikes against the law

On February 23, BERC raised the gas price by a weighted average of 22.7%. For households, this hike is 55-60% and for transportation it is 33%.

In a ruling, the High Court on Tuesday asked BERC Chairman Monowar Islam and Secretary Md Faizur Rahman to explain why the latest public notification on the hike should not be declared illegal.

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