The Bangladesh Energy Regulatory Commission (BERC) has hiked the price of furnace oil—a heavily used fuel in power plants and heavy industries—by nearly Tk 12 per liter in a single jump.
The regulatory body BERC officially confirmed the revised price hike of furnace oil through a press release on Wednesday afternoon (September 30).
According to the new decision announced by the Bangladesh Energy Regulatory Commission, the increased price will take effect at midnight tonight, i.e., from October 1.
As per data provided by the agency, the price of furnace oil has been raised by Tk 11.92 per liter, setting the new retail price at Tk 108.78 per liter.
It is worth noting that prior to this new adjustment, the set price for furnace oil for use in power plants and industrial units across the domestic market was Tk 96.86 per liter.
