Dhaka, May 20 -- The Bangladesh Power Development Board (BPDB) has proposed increasing the wholesale electricity tariff by 1.20 taka to 1.50 taka per unit.

Currently, the wholesale electricity price stands at Tk 7.04 per unit, while the average production cost reached Tk 13.19 per unit in the last fiscal year. As a result, BPDB is incurring a loss of Tk 5.47 per unit. This has created an annual deficit of nearly Tk 60,000 crore, which is being covered through government subsidies.

At the same time, Power Grid Bangladesh PLC has also proposed increasing electricity transmission charges. The state-owned transmission company currently charges 30 paisa per unit and has proposed raising it to 49 paisa.

The proposals were presented during a ...