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Saturday, September 5, 2015, Bhadra 21, 1422 BS, Zilqad 20, 1436 Hijr

CAB threatens legal action if energy prices not lowered
Observer Online Desk
Published :Saturday, 5 September, 2015,  Time : 2:05 PM  View Count : 23
The Consumers’ Association of Bangladesh (CAB) warned of legal actions if the government did not cancel the hike in power and gas rates.

In a media briefing on Saturday, it said that the government has done a ‘gross injustice’ to the people by raising energy rates when the global oil market is witnessing a steep fall.
“We will plead the BERC very soon to lower prices of gas and power. We will move the court if the prices are not readjusted within a month,” said CAB Executive Member and its Energy Advisor Shamsul Alam.
Bangladesh Energy Regulatory Commission (BERC) on Aug 27 raised gas and electricity prices by 26.29 and 2.93 percent, respectively.
Businesses have demanded the withdrawal of the decision, saying a power tariff hike will adversely impact commodity prices.

Editor : Iqbal Sobhan Chowdhury
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