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Bangladesh Energy Regulatory Commission

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Bangladesh Energy Regulatory Commission
Formation2004
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Websitewww.berc.org.bd

Bangladesh Energy Regulatory Commission or BERC,[1] is a regulatory agency that regulates the gas, electricity and petroleum products in Bangladesh and is located in Dhaka, Bangladesh.[2] [3]

History

The commission was created in 2004 and is responsible for the setting up of gas and electricity prices in Bangladesh. Its also arbitrates disputes in the energy industry.[2] Its approval is need for any changes in the price of electricity.[4] The Energy Security Fund is under this agency.[5]

References

  1. ^ "Govt to raise funds through stock mkt for mega projects in power sector". The Financial Express. Dhaka. Retrieved 26 October 2016.
  2. ^ a b Riaz, Ali; Rahman, Mohammad Sajjadur. Routledge Handbook of Contemporary Bangladesh. Routledge. p. 251. ISBN 9781317308775.
  3. ^ "Still no policy on using Energy Security Fund". Dhaka Tribune. 26 August 2016. Retrieved 26 October 2016.
  4. ^ "Gas, power prices to soar". Dhaka Tribune. Archived from the original on 26 October 2016. Retrieved 26 October 2016.
  5. ^ "Bapex to dig 29 onshore gas wells in two years". Dhaka Tribune. 17 September 2016. Retrieved 26 October 2016.