Bangladesh Energy Regulatory Commission

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Bangladesh Energy Regulatory Commission
বাংলাদেশ এনার্জি রেগুলেটরী কমিশন
AbbreviationBERC
Formation2003
TypeIndependent statutory state bodies
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Chairman
Jalal Ahmed
Websitewww.berc.org.bd

The Bangladesh Energy Regulatory Commission (BERC)[1] is an autonomous independent statutory state bodies established in 2003 to regulate the energy sector in Bangladesh, including electricity, gas, and petroleum. BERC is tasked with setting tariffs, issuing licenses, and resolving disputes within the industry to ensure transparency, protect consumer rights, and maintain fair pricing. It is located in Dhaka, Bangladesh.[2]

History

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The commission was created in 2003 and is responsible for the setting of gas, petroleum oil and electricity prices in Bangladesh. As the regulator, it also arbitrates disputes in the energy industry.[2] Its approval is needed for any changes in the price of electricity, gas and petroleum oil.[3] The Energy Security Fund is under this agency.[4]

However, over the years government interventions have significantly reduced BERC's authority, especially regarding energy pricing. Amendments to the BERC Act allowed the government to bypass the commission's procedures and directly set energy prices. This shift had raised concerns about the transparency and independence of the regulatory process, as BERC's ability to conduct public hearings and ensure fair practices had been curtailed.[5][6]

In August 2024, the government issued a gazette officially revoking its executive authority to raise power and gas prices without a public hearing by BERC. The reversal of this authority is seen as a move to strengthen regulatory oversight and restore the commission's role in protecting consumer interests by involving the public in the decision-making process.[7]

Leadership

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The Chairman of the Commission receives the status of Cabinet or Advisory Council Minister or Republic Adviser, remuneration and other ancillary benefits, state house, protocol, safety and security. The Chairman of the Commission is considered as the fifth position of the Warrant of Presidency of Bangladesh's priority.

Members of the Commission enjoy the status emoluments and other ancillary benefits, state buildings, protocols, security and protection of persons holding the status of a minister or adviser and not a member of the Cabinet or Advisory Council of the Republic. A member of the Commission is considered to be the sixth position of the Warrant of Presidency of Bangladesh's priority. [8]

Commission

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In August 2024, Jalal Ahmed was appointed as the chairman of the Bangladesh Energy Regulatory Commission (BERC), where he is set to lead for the next three years.[9]

Sl Designation Name
1. Chairman Jalal Ahmed[9]
2. Member Vacant
3. Member Vacant
4. Member Vacant
5. Member Vacant

References

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  1. ^ "BERC amendment bill passed". The Daily Star. 30 January 2023. Retrieved 27 August 2024.
  2. ^ a b Riaz, Ali; Rahman, Mohammad Sajjadur (29 January 2016). Routledge Handbook of Contemporary Bangladesh. Routledge. p. 251. ISBN 9781317308775.
  3. ^ "Gas, power prices to soar". Dhaka Tribune. Archived from the original on 26 October 2016. Retrieved 26 October 2016.
  4. ^ "Bapex to dig 29 onshore gas wells in two years". Dhaka Tribune. 17 September 2016. Retrieved 26 October 2016.
  5. ^ Rahman, Asifur (19 January 2023). "Fixing Energy Prices: Govt curtails BERC's power as regulator". The Daily Star. Retrieved 27 August 2024.
  6. ^ "BERC amendment bill passed". The Daily Star. 30 January 2023. Retrieved 27 August 2024.
  7. ^ "Govt's executive authority to raise power and gas prices cancelled through ordinance". UNB. Retrieved 27 August 2024.
  8. ^ বাংলাদেশ এনার্জি রেগুলেটরী কমিশন আইন, ২০০৩ | ১০৷ সদস্যদের পদমর্যাদা, বেতন, ভাতা, ইত্যাদি. bdlaws.minlaw.gov.bd. Retrieved 3 March 2023.
  9. ^ a b "Jalal Ahmed appointed new BERC chairman". The Daily Star. 22 August 2024. Retrieved 27 August 2024.



Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/Bangladesh_Energy_Regulatory_Commission
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