Biz-Econ

Govt to procure soybean oil, sugar, chickpeas

The state-run Trading Corporation of Bangladesh (TCB) will procure some 32.60 lakh litres of soybean oil, 10,000 Metric Tons (MTs) of chickpeas and 5,000 MTs of sugar to meet the growing demand of the country ahead of the Holy Month of Ramadan.

The approval came from the 10th meeting of the Adviser's Council Committee on Government Procurement (ACCGP) in this year held with Finance Adviser of the interim government Dr Salehuddin Ahmed in the chair at the Cabinet Division in Dhaka.

Briefing reporters after the meeting, Salehuddin said that the day's ACCGP meeting approved a total of eight proposals.

Out of these, the meeting approved three separate proposals from the TCB under the Ministry of Commerce for procuring essentials items to meet the growing demand centering the Holy month of Ramadan.

Under a proposal, the TCB would procure some 32.60 lakh litres of soybean oil under Direct Procurement Method (DPM) from Bashundhara Multi Food Products Limited with around Tk 53.18 crore where per litre soybean oil would cost Tk 163.15.

Under another proposal, the TCB would procure some 10,000 MTs of chickpeas under Open Tender Method (OTM) from Australian two companies with around Tk 101.99 crore where per kg chickpeas would cost Tk 107.39.

Out of the 10,000 MTs, the TCB would procure 4,000 MTs from DSL Pacific Pty Limited and 6,000 MTs from M/S Aust-Grain Exports Pty limited.

The TCB would also procure some 5,000 MTs sugar under OTM from City Sugar Industries Limited with around Tk 60.46 crore where per kg sugar would cost Tk 120.92.

Following a proposal from the Energy and Mineral Resources Division, Petrobangla would procure one cargo LNG from the spot market from M/S Excelerate Energy LP, United States through international quotation process with around Tk 686.38 crore with per MMBtu LNG costing $14.55.

In another proposal, the Petrobangla would procure one cargo LNG from the spot market from M/S Excelerate Energy LP, United States through international quotation process with around Tk 669.51 crore where per MMBtu LNG would cost $14.65.

Following a proposal from the Ministry of Industries, the Bangladesh Chemical Industries Corporation (BCIC) would procure some 30,000 MTs of bulk granular urea fertilizer under the 3rd lot under state-level agreement in the current fiscal year (FY25) from Muntajat, Qatar with around Tk 131.76 crore where per MT fertilizer would cost $366.

Through another proposal, the BCIC would procure some 30,000 metric tons of bulk granular urea fertilizer under the 5th lot under state-level agreement in the current fiscal year (FY25) from SABIC Agri-nutrients Company, Saudi Arabia with around Tk 137.76 crore where per MT fertilizer would cost $382.67.

Besides, in a proposal, BCIC would procure 30,000 metric tons of bagged granular urea fertilizer from KAFCO, Bangladesh under the 6th lot with around Tk 131.53 crore where per ton fertilizer would cost $365.38.

Source: BSS