The government raised the electricity tariff again for bulk consumers by 33.5%, on average, to reduce the subsidy in the sector after two recent hikes in February 2011 and August 2011.
Here is the news link.
Reason:
1. To reduce the increased subsidy in the sector due to the purchase of electricity from the newly established high-cost diesel and furnace-oil fired power plants.
Concerns:
1. How does the government deal the system loss of electricity?
2. How does the government restrain its staffs working in the electricity sector not to be involved in system loss (or, corruption) and make various institutions profitable?
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