Dhaka, May 19 (SocialNews.XYZ) Bangladeshi State Minister for Power, Energy and Mineral Resources Nasrul Hamid said the government plans to keep energy prices on par with international rates.
Speaking at a program in Dhaka, he said they are working to make a guideline about fixing the price of electricity and gas by the international market, reports Xinhua news agency.
The Minister said subsidies given by the government in these two sectors will not be given in future.
He said steps are underway to set up a 2,000MW solar power plant within the next two years to provide affordable electricity.
Experts here said more subsidy cuts would add to public fury over the spiraling cost of living.
Inflation in Bangladesh accelerated to 9.52 per cent in August last year, the highest in 10 years, mainly driven by higher food prices, the Bureau of Statistics reported earlier.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
