The Energy Regulatory Commission Bill 2003 proposes the formation of an independent energy regulatory commission. While the government claims that the bill is a revolutionary step in reforming the energy sector, the opposition Awami League suspects a gas export plan.

The proposed commission will be the energy sector's independent regulatory body and will comprise a chairperson, to be appointed at the ministry's suggestion, and four members.

The commission will be authorized to:

  • issue licences for power generation, energy transmission, supply and marketing, and energy stocking;
  • renew, seize and amend any licence;
  • impose penalties for violations of licence terms and conditions;
  • set gas and energy tariffs;
  • introduce codes and standards to ensure quality of energy and gas; and
  • advise the government on gas and energy issues as necessary.

For further information on this topic please contact Azarul Haque at Legal Remedy by telephone (+880 2 955 0645) or by fax (+880 2 955 0645) or by email ([email protected]).