Dhaka, Dec. 7 -- The Bangladesh Energy Regulatory Commission (BERC) has finally initiated a move to set the price of liquified petroleum gas (LPG) at the consumer level.

"We've already started a process following the BERC Act 2003 to fix LPG price at the retail level," said a member of the regulatory body preferring anonymity.

He said the public hearing might take place between 14-18 January next as BERC is taking time to complete the pre-hearing process.

BERC officials said the move to fix LPG price came against the backdrop of a show-cause notice issued by the High Court seeking explanation on why action would not be taken against the regulator for its failure to set LPG price.

"The court is scheduled to sit on December 15 to hear f...