{"id":27829,"date":"2025-04-15T13:48:54","date_gmt":"2025-04-15T13:48:54","guid":{"rendered":"https:\/\/thebangladeshtoday.com\/?p=27829"},"modified":"2025-04-15T13:49:39","modified_gmt":"2025-04-15T13:49:39","slug":"foreign-investors-calls-for-equitable-energy-tariff-framework-to-safeguard-industrial-competitiveness","status":"publish","type":"post","link":"https:\/\/thebangladeshtoday.com\/?p=27829","title":{"rendered":"Foreign investors calls for equitable energy tariff Framework to safeguard industrial competitiveness"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Staff Correspondent :<\/strong> The Foreign Investors\u2019 Chamber of Commerce and Industry (FICCI) expresses concern over the recent announcement by the Bangladesh Energy Regulatory Commission (BERC) introducing a revised gas tariff structure that differentiates between new, committed, and existing customers within the same industrial category.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While FICCI fully supports the government\u2019s objective of ensuring a sustainable and reliable energy supply, the newly announced tariff mechanism risks creating unintended barriers for new and expanding industries. Under the current proposal, businesses with new Gas Sales Agreements (GSAs), increased demand, or recent connections will face significantly higher tariffs compared to existing customers \u2014 even within the same industrial classification.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>This differentiated pricing model presents several challenges. It introduces inequity in energy costs across similar operations, undermines the principle of a level playing field, and could adversely affect Bangladesh\u2019s industrial competitiveness at a time when investment momentum is building. Importantly, it may disincentivize new foreign and domestic investments at a critical juncture, just as the government is proactively engaging the global investor community through initiatives such as the recent Investment Summit, which drew participation from nearly 50 countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Zaved Akhtar, President of FICCI, stated:<br>\u201cA transparent and equitable energy pricing framework is fundamental to sustaining investor confidence and industrial growth. While we understand the evolving demands of energy management, we urge BERC to revisit this approach and ensure that policy changes align with the broader goals of economic development and FDI attraction.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>FICCI further notes that the provision to treat any new Gas Sales Agreement as a new connection \u2014 even for long-standing industrial users \u2014 introduces ambiguity and could lead to arbitrary reclassification. This could inadvertently disrupt existing business continuity and create administrative and operational uncertainty. New Gas Sales Agreement with existing customers should not be falling under the tariff for new connections.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>During the public hearing held on February 26, 2025, industry stakeholders collectively expressed strong reservations about the proposed tariff structure. FICCI emphasizes the importance of continuing dialogue with all relevant stakeholders, including foreign and domestic investors, to ensure that energy reforms support inclusive and sustainable industrial growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff Correspondent : The Foreign Investors\u2019 Chamber of Commerce and Industry (FICCI) expresses concern over the recent announcement by the Bangladesh Energy Regulatory Commission (BERC) introducing a revised gas tariff structure that differentiates between new, committed, and existing customers within the same industrial category. While FICCI fully supports the government\u2019s objective of ensuring a sustainable [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":27830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,110,93],"tags":[54],"class_list":["post-27829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bangladesh","category-economy-business","category-nationwide","tag-54"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Foreign investors calls for equitable energy tariff Framework to safeguard industrial competitiveness - The Bangladesh Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thebangladeshtoday.com\/?p=27829\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign investors calls for equitable energy tariff Framework to safeguard industrial competitiveness - The Bangladesh Today\" \/>\n<meta property=\"og:description\" content=\"Staff Correspondent : The Foreign Investors\u2019 Chamber of Commerce and Industry (FICCI) expresses concern over the recent announcement by the Bangladesh Energy Regulatory Commission (BERC) introducing a revised gas tariff structure that differentiates between new, committed, and existing customers within the same industrial category. 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