Asifur Rahman

The government has identified energy security as one of its top strategic priorities for fiscal 2026-27, even as it proposed a nearly 23 percent reduction in the power and energy sector’s allocation from this year’s original.

The Bangladesh Energy Regulatory Commission (BERC) yesterday raised electricity tariffs at wholesale, transmission, and retail levels, disregarding the objections from different stakeholders.

The government is set to launch exploration offers for all 26 offshore blocks today under a significantly relaxed framework featuring lower qualification thresholds, reduced entry costs and a series of commercial safeguards aimed at lowering investor risk in the Bay of Bengal.

Electricity consumers may face a 13.9 percent increase in retail tariffs in addition to any rise in wholesale electricity and transmission charges, according to the Bangladesh Energy Regulatory Commission’s (BERC) Technical Evaluation Committee.

People should not have to pay for the authorities’ inefficiency, failures, and system losses, consumers said at a hearing on the Power Development Board’s tariff hike proposal yesterday.

The government is planning to charge 21 profitable Palli Bidyut Samitys (PBSs) higher bulk electricity purchase rates.

Electricity consumers are set to face higher bills as the government considers combining tariff hikes with the restructuring of residential billing slabs in a move that could sharply raise costs for middle-range users.

Bangladesh will likely have to pay an additional $1.07 billion, or about Tk 13,134 crore, in LNG subsidies during the April–June quarter if global prices remain elevated, according to a new study by a US-based international non-profit.