Govt to procure 1.10cr litres edible oil, 1 lakh tonnes fertiliser
The Bangladesh government approved proposals to procure 1.10 crore liters of edible oil, 1,00,000 tonnes of fertilizer, and 10,000 tonnes of lentils to meet rising demand. The Trading Corporation of Bangladesh (TCB) and other agencies will manage these procurements, with investments totaling over Tk 866 crore for various essential goods.
The government today (2 January) approved separate proposals for procuring 1.10 crore litres of edible oil, 1,00,000 tonnes of fertiliser and 10,000 tonnes of lentil to meet the growing demand of the country.
The approval came from this year’s 1st meeting of Advisers Council Committee on Government Purchase (ACCGP) held at the Cabinet Division conference room at Bangladesh Secretariat with Finance Adviser Salehuddin Ahmed in the chair.
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.
In response to another proposal from the ministry, the TCB would procure some 10,000 tonnes of lentil from Shabnam Vegetable Oil Industries Limited under OTM with around Tk94.95 crore where per kilogram lentil would cost Tk94.95.
Following a proposal from the Ministry of Industries, the Bangladesh Chemical Industries Corporation (BCIC) would procure some 30,000 tonnes of bulk granular urea fertiliser from Qatar Energy Marketing under the 8th lot for the fiscal year (FY25) with around Tk127.68 crore, with per ton fertiliser costing $354.67.
Besides, the Bangladesh Agricultural Development Corporation (BADC) under the Ministry of Agriculture would procure 40,000 tonnes of DAP fertiliser under state-level agreement from MA’ADEN, Saudi Arabia with around Tk296.16 crore where per ton fertiliser would cost $617.
In response to another proposal from the Ministry of Agriculture, BADC would procure 30,000 tonnes of TSP fertiliser under state-level agreement from OCP NUTRICROPS SA, Morocco with around Tk158.40 crore where per ton fertiliser would cost $440.
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