No electricity price hike right now: BERC

Bangladesh Energy Regulatory Commission (BERC) has backtracked on its recent move to hike the bulk electricity price.

"The current charge will remain unchanged right now," BERC Chairman Abdul Jalil told a virtual press conference today.

Amid a deepening power crisis in the country, the commission has scheduled to announce electricity price hike at wholesale level today.

Based on the Power Development Board's request, a public hearing was held on May 18 at the BIAM Auditorium in which a technical evaluation committee formed by the BERC recommended increasing the bulk price by 58 percent.

Bulk electricity price was increased the last time in February 2020.