, Feb. 26 -- Energy experts and economists are voicing strong opposition against the government's proposal to further increase electricity tariffs in Bangladesh. They are urging a re-evaluation of the power sector's financial management, specifically pointing out excessive and questionable spending as a more viable solution to the sector's financial woes.

They observed that currently there is 42 percent surplus electricity that can be attributed to government's deals to set up costly power plants.

"Rampant, unjust expenses - from state-owned company board remunerations to large-scale power purchase deals - underscore the need for financial rectification over tariff hikes," eminent energy expert Prof SM Shamsul Alam said.

Bangladesh to ...