Electricity prices to jump up to 70 paisa per unit from March | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
June 12, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JUNE 12, 2025
Electricity prices to jump up to 70 paisa per unit from March

Energy

TBS Report
27 February, 2024, 01:40 pm
Last modified: 27 February, 2024, 03:08 pm

Related News

  • UK crime agency now freezes assets of ex-land minister Saifuzzaman: AJ
  • Dhaka South conducts key meetings at Wasa Bhaban as Nagar Bhaban remains locked
  • British Business Secretary Jonathan Reynolds meets CA Yunus
  • 7 children and teens drown in separate incidents across 5 districts
  • Dhaka South to double insecticide spraying to prevent Aedes

Electricity prices to jump up to 70 paisa per unit from March

TBS Report
27 February, 2024, 01:40 pm
Last modified: 27 February, 2024, 03:08 pm
Representational image. Photo: MumitM/TBS
Representational image. Photo: MumitM/TBS

The government is set to raise electricity prices by 34 to 70 paisa per unit, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said today (27 February).

The new rate will come into effect from the first week of March.

"The price adjustment was aimed at balancing the cost of electricity production," he said during a media interaction this morning at the secretariat in Dhaka.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

According to the state minister, those who consume up to 50 units will see a price hike of 34 paisa per unit. For those consuming above 50 units, the increase will range from 34 to 70 paisa.

The government increased electricity prices in the country three times last year by 15%.

Meanwhile, fossil fuel prices will be adjusted as well.

Addressing this, Nasrul Hamid said, "If prices rise in the international market, domestic prices will increase accordingly. Similarly, if prices decrease in the international market, fuel prices here shall too go down. This synchronisation will also be effective from the first week of March."

Additionally, the price of gas used in electricity production has been raised by 75 paisa per unit. As for industrial activity and residential fuel consumption, the prices will remain unchanged.

The state minister explained the price adjustment, stating, "Due to the increase in coal and dollar prices, the cost of electricity is being raised. These prices will be effective from the first week of March. The plan is to adjust electricity subsidies over the next three years. 

The government currently provides Tk43,000 crore in subsidies annually for electricity and Tk6,000 crore for gas, he noted.

State Minister Nasrul Hamid said a notification in this regard will be issued soon to clarify the price adjustments.

Bangladesh / Top News

Electricity / electricity price / State Minister for Power, Energy and Mineral Resources Nasrul Hamid / Bangladesh

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Keir Starmer declines to meet CA Yunus: FT report
    Keir Starmer declines to meet CA Yunus: FT report
  • Saifuzzaman Chowdhury. Photo: Collected
    UK crime agency now freezes assets of ex-land minister Saifuzzaman: AJ
  • Chief Adviser Muhammad Yunus speaks at the Chatham House in London on 11 June 2025. Photo: CA Press Wing
    No desire to be part of next elected govt: CA Yunus

MOST VIEWED

  • Illustration: Duniya Jahan/ TBS
    Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon
  • A file photo of Bangladesh Bank Governor Dr Ahsan H Mansur. Photo: Collected
    'I have no relation with this': Ahsan Mansur debunks Joy’s allegations over daughter’s Dubai flat
  • Faiz Ahmad Tayeb. Photo: BSS
    Import duty on raw materials for e-bikes, lithium batteries reduced from 80% to 1% in some cases: Faiz Taiyeb
  • File photo of ex-prime minister Sheikh Hasina and her son Sajeeb Wazed Joy. Photo: Collected
    Joy spends Eid with Hasina in India: Indian media
  • Mercantile Bank withholds dividend amid Tk1,700cr provision shortfall
    Mercantile Bank withholds dividend amid Tk1,700cr provision shortfall
  • Shakil Ahmed. Photo: Collected
    DU student allegedly hangs himself following threats over old derogatory comment about Prophet on Facebook

Related News

  • UK crime agency now freezes assets of ex-land minister Saifuzzaman: AJ
  • Dhaka South conducts key meetings at Wasa Bhaban as Nagar Bhaban remains locked
  • British Business Secretary Jonathan Reynolds meets CA Yunus
  • 7 children and teens drown in separate incidents across 5 districts
  • Dhaka South to double insecticide spraying to prevent Aedes

Features

Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

13h | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

1d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

2d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

4d | Bangladesh

More Videos from TBS

Why is Omicron XBB more contagious?

Why is Omicron XBB more contagious?

9h | TBS Stories
What did Dr. Yunus say at the Chatham House Dialogue in London?

What did Dr. Yunus say at the Chatham House Dialogue in London?

10h | TBS Today
News of The Day, 11 JUNE 2025

News of The Day, 11 JUNE 2025

11h | TBS News of the day
WB predicts worst decade for global growth since 60s

WB predicts worst decade for global growth since 60s

13h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net