The government on Thursday approved proposals to procure essential commodities including 1.10 crore litres of edible oil, 10,000 metric tons of lentils, 1,00,000 metric tons of fertiliser and refined fuel oil to meet the country’s demand.
The approval came during a meeting of the Advisers Council Committee on Government Purchase (ACCGP) held at the Cabinet Division conference room at the Bangladesh Secretariat, with Finance Adviser Dr. Salehuddin Ahmed in the cahir.
State-run Trading Corporation of Bangladesh (TCB) will purchase 1.10 crore litres of soybean oil at Tk 189.14 crore from Super Oil Refinery Limited through the local Open Tender Method (OTM) for the current fiscal year with per litter oil at Tk 171.95.
Govt to procure soybean oil, lentil, LNG and fertiliser to meet domestic needs
In response to a proposal from the Ministry of Commerce, TCB will also procure 10,000 metric tons of lentils from Shabnam Vegetable Oil Industries Limited under OTM at an estimated cost of Tk 94.95 crore with per kg costing Tk 94.95.
The Bangladesh Chemical Industries Corporation (BCIC) will acquire 30,000 metric tons of bulk granular urea fertilizer from Qatar Energy Marketing under the 8th lot for the current fiscal year at approximately Tk 127.68 crore, with the cost per ton set at $354.67.
The Bangladesh Agricultural Development Corporation (BADC) under the Ministry of Agriculture will purchase 40,000 metric tons of DAP fertiliser from Saudi Arabia’s MA'ADEN, under a state-level agreement at Tk 296.16 crore.
Besides, BADC will procure 30,000 metric tons of TSP fertilizer from Morocco’s OCP NUTRICROPS SA at a cost of around Tk 158.40 crore.
The Energy and Mineral Resources Division will procure refined fuel oil for January to June 2025 through premium and reference price process from eight enterprises of seven countries at a cost of around Tk 11,479.04 crore.
The companies are PTTT of Thailand, OQT of Oman, ENOC of the United Arab Emirates, Petrochina of China, BSP of Indonesia, PTLCL of Malaysia, UNIPEC of China and IOCL of India.
The purchase is being made under the government-to-government (G2G) term agreement.