Dhaka, April 17 -- The industrial sector in Bangladesh is immersed in a deep crisis today. The gas and electricity crisis is becoming increasingly severe.
Due to the lack of gas in the industries and factories, production has decreased by around 40 percent. As a result, production costs are increasing.
In such a situation, Bangladesh Energy Regulatory Commission (BERC) on Sunday increased gas prices for new industries by 33 per cent. In contrast, additional gas prices will be imposed on existing industries for using more than the permitted load. Traders say that due to this discriminatory price, new investors will face unequal competition and will be discouraged from investing.
This process of determining gas prices will create discrimin...