Bangladesh Energy Regulatory Commission Explained
Bangladesh Energy Regulatory Commission |
Abbreviation: | BERC |
Formation: | 2003 |
Status: | Autonomous Commission |
Headquarters: | Dhaka, Bangladesh |
Region Served: | Bangladesh |
Leader Title: | Chairman |
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. Its approval is need for any changes in the price of electricity.[4] The Energy Security Fund is under this agency.[5]
Current Commission
!Sl!Name!Designation1. | Vacant | Chairman |
2. | Vacant | Member |
3. | Vacant | Member |
4. | Vacant | Member |
5. | Vacant | Member | |
The Chairman of the Commission receives the status of Justice of the Appellate Division of the Supreme Court of Bangladesh, remuneration and other ancillary benefits, state house, security and protection, protocol, etc. and member of the commission receive the status of Justice of the High Court Division of the Supreme Court of Bangladesh, remuneration and other ancillary benefits, state house, security and protection, protocol, etc. .
[6] Notes and References
- Web site: Govt to raise funds through stock mkt for mega projects in power sector. The Financial Express . Dhaka . 26 October 2016.
- Book: Riaz. Ali. Rahman. Mohammad Sajjadur. Routledge Handbook of Contemporary Bangladesh. 29 January 2016. Routledge. 9781317308775. 251. en.
- Web site: Still no policy on using Energy Security Fund. Dhaka Tribune . 26 October 2016. 26 August 2016.
- Web site: Gas, power prices to soar. Dhaka Tribune. 26 October 2016. https://web.archive.org/web/20161026233226/http://archive.dhakatribune.com/bangladesh/2016/jun/01/gas-power-prices-soar. 26 October 2016. dead.
- Web site: Bapex to dig 29 onshore gas wells in two years. Dhaka Tribune . 26 October 2016. 17 September 2016.
- Web site: বাংলাদেশ এনার্জি রেগুলেটরী কমিশন আইন, ২০০৩ ১০৷ সদস্যদের পদমর্যাদা, বেতন, ভাতা, ইত্যাদি . 2023-03-03 . bdlaws.minlaw.gov.bd.