The government is unlikely to increase the prices of gas for households, sources within the power, energy and mineral resources ministry told The Independent. While many view this as a ‘populist stance’ in an election year, electricity prices are, however, likely to spurt, as the per unit gas price for the power plants will be increased by about 400 per cent. The gas-based power plants currently need to pay Tk. 3.16 per unit. The six gas distribution companies, in their proposals seeking gas price increases, have asked to make it Tk. 12.90 per unit, sources said. Talking to The Independent, Mir Moshiur Rahman, the managing director (MD) of Titas Gas Transmission and Distribution Company Ltd, said they have already finalised their…

Indian Prime Minister Narendra Modi yesterday said they were trying to resolve the hurdles to the signing…