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Govt to buy 2.20cr litres of soybean oil for TCB spending Tk 300cr

Published : Wednesday, 30 November, 2022 at 4:50 PM  Count : 527

Govt to buy 2.20cr litres of soybean oil for TCB spending Tk 300cr

Govt to buy 2.20cr litres of soybean oil for TCB spending Tk 300cr

The Cabinet Committee on Government Purchase (CCGP) has approved six proposals including two for procuring soybean oil and import of fertiliser.

The approval was given at a virtual meeting of the CCGP on Wednesday (November 30, 2022).

Finance Minister AHM Mustafa Kamal chaired the meeting.

As per a proposal, the Commerce Ministry will procure 2.20 crore litres of soayabean oil for the state-owned Trading Corporation of Bangladesh (TCB) from local suppliers for its open market sale (OMS) program, spending some Tk 300 crore.

The procurement of each litre of soyabean oil will cost Tk 156.98. Earlier, the price of the soyabean oil was Tk 162.94. If the previous procurement price is taken into account, this time the procurement price of each litre of oil will be less Tk 6.02.

However, it was not immediately known which companies are going to supply the edible oil. The government will procure the soyabean oil without floating any tender.

While briefing reporters following the meeting, Sayeed Mahbub Khan, additional secretary of the Cabinet Division, said the proposal was placed on the table in an instant move.

Two proposals from the Agriculture Ministry on the import of a total 80,000 tons of fertilizer received the nod of the committee.

Of these, the state-owned Bangladesh Agriculture Development Corporation (BADC) will import 50,000 tons of Muriate of Potash (MoP) from Canadian Commercial Corporation under a state-level contract spending Tk 358.48 crore.

Each tonne of fertiliser will cost $679.65; the previous rate was $778.17.

The BADC will also import 30,000 tons of Triple Super Phosphate (TSP) fertiliser from OCP, SA of Morocco at a cost of Tk 150.67 crore under a state-level contract.

Each tonne of TSP will cost $474; the previous rate was $687.25.

The committee approved three proposals of Dhaka Wasa, placed by the Local Government Division.

Of these, Dhaka Wasa (Water Supply and Sewerage Authority) will award a Tk 420.06 crore contract to the Joint Venture of (1) CCECC, China; (2) SafBon, China and (3) SMEDI, China for civil works of package No WD-2 under the Dhaka Sanitation Improvement Project (DSIP).

Under the DSIP, Dhaka Wasa will award a Tk 229.72 crore contract for civil works of Package No. 3 to the Joint Venture of (1) Gypsum Structural India Pvt Ltd, India; (2) EMIT Group Ercole Marelli Technologici, Italy and (3) Khilari Infrastructure Private Ltd, India.

Under the same project, Dhaka Wasa will appoint DOHWA Engineering Co Ltd, Korea as its consultant for Tk 70.77 crore.


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