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WEDNESDAY, MAY 28, 2025
Cabinet purchase body okays import of edible oil, fertiliser

Bangladesh

UNB
22 November, 2023, 05:20 pm
Last modified: 22 November, 2023, 10:19 pm

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Cabinet purchase body okays import of edible oil, fertiliser

Finance Minister AHM Mustafa Kamal presided over the meeting.

UNB
22 November, 2023, 05:20 pm
Last modified: 22 November, 2023, 10:19 pm
Representational image. Picture: Collected
Representational image. Picture: Collected

The Cabinet Committee on Government Purchase in a virtual meeting yesterday approved some seven proposals including import of edible oil, fertiliser and purchase of electricity from solar and waste-to-energy power plants to be set in the private sector.

Finance Minister AHM Mustafa Kamal presided over the meeting.

As per the meeting's approval, the Trading Corporation of Bangladesh (TCB) under the commerce ministry will import 1.10 crore litres of soybean oil through international tender from Green Nation Builders and Developers, India, at a cost of Tk143.18 crore.

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BEIHCL-BZHE-ENAM-MNS Consortium will set up a 100MW solar (AC) power plant in Sonagazi upazila in Feni district from which the Bangladesh Power Development Board (BPDB) will import electricity over a period of 20 years at a tariff rate of Tk11.0058 per kilowatt hour (each unit).

The BPDB will have to spend Tk3,566.40 crore to purchase the electricity from the plant in the next 20 years.

Siddiqui Fabrics Ltd-Intec Energies GmbH-Saudia German Power Plant Ltd (SF-IE-SGPPL JV) will set up an 11MW waste-to-energy power plant at Brahmanbaria municipality on Build, Own, Operate (BOO) basis from which state-owned BPDB will purchase electricity over the period of 25 years.

The BPDB will have to spend Tk4,068 crore to purchase power from the project with tariff rate at Tk21.105 per unit.

Roads and Highways Department will award a Tk112.81 crore contract to National Development Engineers Ltd for the civil works of package No-WP-02 of the "Upgradation of Aricha (Barangail)-Ghior-Daulatpur-Nagarpur-Tangail Regional Highway to proper standard and width" project.

The Cabinet body approved three separate proposals of the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries for importing a total of 90,000 tonnes of fertiliser.

As per approval, the BCIC will import 30,000 tonnes of bagged granular urea fertiliser from Muntajat, Qatar at a cost of Tk127.81 crore while it will import 30,000 tonnes of bagged granular urea fertiliser from Karnaphuli Fertiliser Company Limited (Kafco) at a cost of Tk121.08 crore.

The BCIC will import 30000 tonnes of bulk granular urea fertiliser from SABIC Agri-nutrients Company, Saudi Arabia at Tk123.48 crore.

Top News

Cabinet Committee on Government Purchase (CCGP) / Bangladesh / Oil

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