Today, January 2, the government approved different plans to purchase 10,000 tonnes of lentils, 1,00,000 tonnes of fertilizer, and 1.10 crore liters of edible oil in order to meet the nation’s increasing need.
This year’s first meeting of the Advisers Council Committee on Government Purchase (ACCGP), hosted by Finance Adviser Salehuddin Ahmed, took place in the Cabinet Division conference room of the Bangladesh Secretariat and resulted in the approval.
Following a proposal from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure 1.10 crore litres of soybean oil under local Open Tender Method (OTM) for the current fiscal year from Super Oil Refinery Limited with around Tk189.14 crore with per litre oil costing Tk171.95.
According to a different ministry plan, the TCB will pay approximately Tk94.95 crore (Tk94.95 per kilogram) to Shabnam Vegetable Oil Industries Limited under OTM for 10,000 tons of lentils.
The Bangladesh Chemical Industries Corporation (BCIC) would purchase approximately 30,000 tonnes of bulk granular urea fertilizer from Qatar Energy Marketing under the eighth lot for the fiscal year (FY25) for a total of Tk127.68 crore, with the cost of the fertilizer per ton being $354.67, in response to a proposal from the Ministry of Industries.
Additionally, under a state-level deal, the Ministry of Agriculture’s Bangladesh Agricultural Development Corporation (BADC) would purchase 40,000 tonnes of DAP fertilizer from MA’ADEN, Saudi Arabia, for around Tk296.16 crore, with a per-ton fertilizer price of $617.
In response to another request from the Ministry of Agriculture, BADC will pay nearly Tk158.40 crore, or $440 per ton, to OCP NUTRICROPS SA, Morocco for 30,000 tonnes of TSP fertilizer under a state-level arrangement.
Source: The Business Standard
