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Desco seeks 6.34pc hike in retail power tariff

October 03, 2017 00:00:00


Dhaka Power Distribution Company Ltd (Desco), which distributes electricity to the capital's northwest and eastern areas, has proposed hiking the retail power tariff by 6.34 per cent on an average, report UNB.

It has sought refixing the average power tariff at Tk 7.40 per unit from existing Tk 7.20, increasing Tk 0.20 per unit.

Placing the proposal at the public hearing arranged by Bangladesh Energy Regulatory Commission (Berc) at the TCB Auditorium in the city, Desco Managing Director Brig General (retd) Md Shahid Sarwar on Monday said if the bulk tariff is raised, they will have to count extra expense to provide electricity to the consumers.

"To offset our possible loss, we need to enhance the tariff at the retail level," he told the hearing.

However, evaluating the proposal, a Berc technical committee said if the bulk tariff is raised, Desco may face 0.08 percent loss in its business. So, Desco could at best raise its tariff by Tk 0.7 per unit, it said.

Although the technical committee placed its findings, the five-member energy regulator, headed by its chairman, will take the final decision on the issue on completion of the hearing.

Berc Chairman Monwar Islam and other members were present at the hearing.

Meanwhile, Consumers Association of Bangladesh (CAB) Advisor Prof Shamsul Alam opposed the Desco's proposal, saying the organisation can easily run with its current profits.

He also raised some questions about the government's decision to offload shares to the capital market as the company was making good profits.

Shamsul said offloading the shares, the government has resorted to an unfair practice as a particular group of people who bought that shares are going to be the beneficiaries.

He also demanded restructuring the line charge and load charge of small consumers which he found to be irrational compared with big consumers.

The CAB advisor also alleged that some Desco employees are involved in corruption in providing temporary connections and their regularisation.


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MLDYEING 41.0 45.1 41.0 45.1 10%
SONALIANSH 331.0 359.9 336.9 359.9 8.7311%
STYLECRAFT 930.6 1000.4 1000.4 1000.4 7.5005%
LIBRAINFU 1036.6 1101.3 1045.0 1101.3 6.2416%
PENINSULA 31.8 34.2 31.1 33.6 5.6604%
MONNOSTAF 4985.2 5234.4 5100.0 5234.4 4.9988%
POPULARLIF 105.5 114.0 106.1 109.8 4.0758%
AMBEEPHA 562.7 599.0 570.0 585.3 4.0163%
SAIHAMCOT 21.0 22.1 20.3 21.8 3.8095%
PHARMAID 584.2 615.8 582.0 606.3 3.783%
COMPANY YCP HIGH LOW CLOSE %CHG
MLDYEING 45.1 45.1 41.0 41.0 10%
VAMLBDMF1 8.5 8.5 7.8 7.8 8.9744%
SONALIANSH 359.9 359.9 336.9 337.9 6.5108%
PENINSULA 33.9 34.2 31.1 32.0 5.9375%
MERCINS 22.6 22.8 21.4 21.4 5.6075%
LIBRAINFU 1101.3 1101.3 1045.0 1045.0 5.3876%
SAIHAMCOT 22.0 22.1 20.3 21.0 4.7619%
DELTALIFE 113.0 114.9 108.3 108.3 4.3398%
PF1STMF 5.3 5.3 5.1 5.1 3.9216%
PHARMAID 609.7 615.8 582.0 587.2 3.8317%
COMPANY YCP HIGH LOW CLOSE %CHG
OAL 13.6 12.7 12.1 12.2 -10.2941%
SKTRIMS 43.1 44.4 38.9 39.3 -8.8167%
PRIMETEX 43.4 43.3 39.1 39.7 -8.5253%
SUMITPOWER 42.0 40.5 38.2 38.6 -8.0952%
INTECH 66.5 66.5 60.4 61.3 -7.8195%
INTRACO 33.4 34.4 30.4 30.9 -7.485%
IBP 32.5 32.8 29.9 30.1 -7.3846%
SAMATALETH 57.5 57.7 52.7 53.4 -7.1304%
NURANI 20.4 20.5 18.8 19.0 -6.8627%
ADVENT 44.0 42.2 40.5 41.1 -6.5909%
COMPANY YCP HIGH LOW CLOSE %CHG
MEGHNAPET 16.1 18.5 16.1 18.5 -12.973%
QUEENSOUTH 43.1 48.0 43.0 48.0 -10.2083%
DACCADYE 4.5 5.0 4.5 5.0 -10%
NORTHERN 820.0 905.0 815.3 897.5 -8.6351%
PRIMETEX 39.7 43.3 39.1 43.3 -8.3141%
SKTRIMS 39.8 44.4 38.9 43.4 -8.2949%
SAMATALETH 53.0 57.7 52.7 57.7 -8.1456%
INTECH 61.1 66.5 60.4 66.5 -8.1203%
SHASHADNIM 68.1 74.1 67.1 74.1 -8.0972%
FINEFOODS 43.1 47.2 43.0 46.5 -7.3118%