Power tariff hike from February 1, not March 1

Power price hiked

Power tariff will be increased from February 1 instead of March 1, said State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Thursday (February 29, 2024).
Gazette notification will be issued today in regard to the power tariff adjustment, he said while briefing reporters at his ministry.
Earlier he said the new tariff will come into effect from March 1.
He said the power tariff will be hiked between Tk 0.34 and Tk 0.70 per unit for all kinds of consumers depending on their volume of consumption while gas price will go up by Tk 0.75 per unit only for power plants.
He also said that a dynamic fuel pricing will be introduced for the consumers from March 1 under which price of petroleum fuel will go up and down in line with international market price.