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Bangladesh Energy Regulatory Commission

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Bangladesh Energy Regulatory Commission
AbbreviationBERC
Formation2003
Legal statusAutonomous Commission
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

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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]

Current Commission

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Sl Name Designation
1. 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]

References

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  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 (29 January 2016). 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.
  6. ^ "বাংলাদেশ এনার্জি রেগুলেটরী কমিশন আইন, ২০০৩ | ১০৷ সদস্যদের পদমর্যাদা, বেতন, ভাতা, ইত্যাদি". bdlaws.minlaw.gov.bd. Retrieved 3 March 2023.