Titas Gas Transmission and Distribution Company Ltd proposed on Tuesday raising gas tariffs for household users by 80 per cent while up to 211 per cent for consumers of different sectors including power, industry, and motor vehicles, reports UNB.
As per the proposal, if it is approved by the energy regulator, the household consumers using one burner will have to pay Tk 1,350 per month instead of existing rate of Tk 750 while the two-burner users will pay Tk 1,440 per month instead of Tk 800 and the metered household consumer has to pay Tk 16.41 per cubic metre (each unit) instead of Tk 9.10 per cubic metre for gas consumption.
Placing the proposal at the public hearing at the TCB auditorium in the city, Titas Gas managing director Mostafa Kamal said they have to move the proposal to offset the loss which it will be incurred due to distribution of imported LNG to its consumers.
BERC chairman Monwar Islam presided over the hearing while other members of the commission were present.
On completion of the hearing, the BERC will take the final decision on the proposals within 90 days.
As per the Titas latest proposal, the power plants will pay Tk 9.74 per unit of gas instead of the existing rate of Tk 3.16 with a rise of 208 per cent while fartiliser factories will pay Tk 8.44 per unit instead of Tk 2.71 per with the rise of 211 per cent.
Titas Gas proposed to increase gas tariffs by 96 per cent to Tk 18.88 per unit from Tk 9.62 for captive power while it is proposed to hike 132 per cent gas tariff for industries to Tk 18.04 per unit against the existing rate of Tk 7.76 per unit.
Titas proposed to raise tariff by 50 per cent for CNG to Tk 48 per unit from Tk 32 while it proposed to raise 41 per cent tariff for commercial use of gas to Tk 24.05 from Tk 17.04 per unit.
In the second session of the day, Sundarban Gas Company Limited placed the identical proposals in the hearing.
Representatives from different consumer groups, including individuals, business bodies and chambers, who took part in the hearing strongly opposed the Titas proposals saying that any raise in gas tariff would be detrimental to the country's economy as they will have the count an extra cost which will make them non-competitive in the global market.
The BERC will hold hearing on the proposals of Bakhrabad Gas Company and Jalalabad Gas Company today (Wednesday).
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