Energy Bangla

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Dhaka Thursday,  Oct 18, 2018

No More Hike, Power Tariff Is Now Reducible!

EB Report

There is no point in raising the tariff of electricity, the price is rather reducible. Power plants which cost less to generate power are kept shut and those which costs more are now in operation- this has become a routine practice for the respective authorities which is artificially pushing for a price hike of the power.

The speakers of the seminar titled something like ‘Proposal on lessening the price of power’ said so on Thursday. The seminar was organized by Consumers Association of Bangladesh (CAB) at Bidyut Bhaban in the city.

CAB has proposed a 15 point suggestion to the government in that seminar. The tariff of power won’t need to be hike anymore rather it will further reduce once the suggestions are implemented, claimed the CAB sources. One of the basic suggestion from CAB was to keep the state-owned power plants in regular operation as they cost less to generate power.

The state minister for Power, Energy and Mineral Resources Nasrul Hamid was the chief guest and CAB president Dr. Golam Rahman presided over the seminar. Among others, the former adviser to the Caretaker government Dr. M Tamim Former adviser to the Caretaker government Dr. M Tamim, CAB president Dr. Golam Rahman, PDB Chairman Khaleed Mahmood addressed at the event. Daffodil University faculty Fahim Al-Din presented a paper at the beginning of the program.

Prof M Shamsul Alam, the energy advisor of CAB said that, the authority is trying to hike the power tariff by creating an artificial crisis, which definitely goes against the public interest. Proper management and willingness can even reduce current power tariff, he added. All the power distribution agencies are still making huge profit and their overall costs and expenditures can be slashed down which means there is no reason to hike power tariff.

Dr. M Tamim said that, the price of energy resources including fuel oil throughout the world is reducing and is still at the low. But, the price of fuel oil in our domestic market is still high and it can be brought down which will reduce the power generation cost largely, he added. He added that, Bangladesh Energy Regulatory Commission (BERC) should act as a referee who will decide both the rationality of price reduction and hike at the same time. BERC should arrange a public hearing in response to the public demand of price reduction, he added.

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