Cabinet body formed to suggest power tariff adjustment

The government has constituted a six-member high-level cabinet committee to recommend necessary adjustments to electricity tariffs at both wholesale and retail levels amid the ongoing Middle East crisis, volatile global oil prices and rising power-generation costs.
Headed by the finance minister, the committee includes the minister for the Ministry of Power, Energy and Mineral Resources, the commerce minister, and the secretaries of the Finance Division, Power Division, and Energy and Mineral Resources Division, according to a gazette notification issued on April 9.
The committee will examine the need for revising electricity tariffs in light of global instability affecting the country's energy sector and, after review, submit recommendations to the Cabinet.
It has also been authorised to co-opt additional members if required. Meetings will be held as necessary, with administrative support provided by the Power Division.
The decision took immediate effect, with the notification issued under the order of the President by additional secretary Humayun Kabir.

azizjst@yahoo.com