Dhaka, Feb. 12 -- The government is caught up in a dilemma in choosing the right option to reduce the gap between the cost of power production and revenues generated from sales.

"Top policymakers are divided over whether the government should go for increasing the power tariff further or issuing more bonds through the banking system," said a top official at the state-owned Bangladesh Power Development Board (BPDB).

He said if the government wants to raise the power tariff, either it has to do it before Ramadan or after Ramadan - these are the questions almost every day that are being discussed at the policy level.

Read: Retail power tariff hiked 5% to Tk0.19 per unit for lifeline consumers, Tk0.36 on average for others

They are also a...