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a year ago

Govt to procure 3.36m MMBtu LNG, 90,000 MTs of fertiliser

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The government on Wednesday approved separate proposals for procuring some 3.36 million (33.60 lakh) MMBtu LNG, 90,000 metric tonnes of fertiliser and 50,000 metric tonnes of wheat to meet the growing demand of the country.

The government would also procure some 11 million (1.10 crore) litres of refined soybean oil and 25,000 metric tonnes of lentil as per the requirements of the country.

The approvals came from the 37th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held on Wednesday virtually with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters after the meeting virtually, cabinet division additional secretary Sayeed Mahbub Khan said that the day’s meeting approved a total of 26 proposals.

He said that following a proposal from the Directorate General of Food under the Ministry of Food, the government would procure some 50,000 metric tonnes of wheat from M/S Grainflower DMCC, Dubai, the UAE with around Tk 1.63 billion (162.96 crore).

Mahbub said in response to a proposal from the Energy and Mineral Resources Division, Petrobangla would procure 3.36 million (33.6 lakh) MMBtu LNG from M/S Total Energies Gas & Power Ltd. Switzerland with around Tk 7.13 billion (713.02 crore) where per MMBtu LNG would cost $16.34.

He informed that following a proposal from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure 11 million (1.1 crore) litres of soybean oil from Green Nation Builders & Developers, India (Local Agent: N S Construction, Dhaka under international Direct Procurement Method (DPM) with around Tk 1.41 billion (141 crore) where per litre soybean oil would cost Tk 169.

Besides, the TCB would procure some 10,000 metric tonnes of lentil from UMAEXPO Pvt. Ltd, India (Local Agent: Speed Marketing Corporation, Dhaka) under the international DPM method with around Tk 966.9 million (96.69 crore) with per kg lentil costing Tk 101.69.

In another proposal, the TCB would procure some 15,000 metric tonnes of lentil from B&C Incorporation and Sena Kalyan Sangstha under the local DPM method for around Tk 1.5 billion (150 crore) where per kg lentil would cost Tk 100.

In three separate proposals from the Ministry of Industries, the Bangladesh Chemical Industries Corporation (BCIC) would procure some 30,000 metric tonnes of bulk granular urea fertiliser from Fertiglobe Distribution Limited, UAE under the 3rd lot under state-level agreement with around Tk 1.27 billion (127.41 crore).

Besides, the BCIC would procure another consignment of 30,000 metric tonnes of bulk granular urea fertilizer from Muntajat, Qatar under the 5th lot under a state-level agreement with around Tk 1.27 billion (127.41 crore) while the BCIC would purchase another consignment of 30,000 metric tonnes of bagged granular urea fertiliser from KAFCO, Bangladesh with around Tk 1.24 billion (123.61 crore).

The cabinet division additional secretary said the day’s CCGP meeting approved the time extension of Ashuganj 55MW Gas Based rental Power Plant. For the extended five-year period, the government would have to provide Tk 12.05 billion (1,205.40 crore) to sponsor company Precision Energy Limited under ‘No Electricity, No Payment’ method where the unit price for per kilowatt hour electricity would be Tk 6.25.

Mahbub said the meeting also approved the power tariff for the 100 MW AC Solar Power Plant under Gouripur upazila in Mymensingh district where the government would have to pay Tk 35.80 billion (3,580.80 crore) to the Consortium of Cassiopea Fashion Ltd.; Xizi Clean Energy Equipment Manufacturing Co. Ltd. and Cassiopea Apparels Ltd for a 20-year term where the unit price for per kilowatt hour electricity would be Tk 11.05.

The CCGP meeting also approved separate proposals from the Road Transport and Highways Division, Ministry of Housing and Public Works, Ministry of Shipping, Ministry of Railways, Local Government Division and the ICT Division.

Prior to the CCGP meeting, the 26th meeting of the Cabinet Committee on Economic Affairs (CCEA) in this year was also held on Wednesday virtually with Finance Minister AHM Mustafa Kamal in the chair.

The meeting approved two proposals from the Ministry of Housing and Public Works and the Ministry of Information and Broadcasting.

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