Govt to procure 1.30 lakh MTs fertiliser

The government today (11 December) approved separate proposals for procuring 1.30 lakh metric tons (MTs) of fertiliser to meet the growing demand of the country.

The approval came from the 16th meeting of the Advisers Council Committee on Government Purchase (ACCGP) this year held at the Cabinet Division Conference Room at Bangladesh Secretariat with Adviser to the interim government on the Ministry of Finance Dr Salehuddin Ahmed in the chair.

Briefing reporters after the meeting, he said following a proposal from the Ministry of Industries, the Bangladesh Chemical Industries Corporation (BCIC) would procure some 30,000 MTs of bulk granular urea fertiliser from SABIC Agri-nutrient Company, Saudi Arabia under the 12th lot for the fiscal year (FY25) with around Tk123.23 crore with per ton fertiliser costing $342.33.

Following a proposal from the Ministry of Agriculture, the Bangladesh Agricultural Development Corporation (BADC) would procure some 30,000 MTs of MPO fertilisers under state-level agreement from JSC Foreign Economic Corporation "Prodintorg", Russia under the fifth lot for the fiscal year (FY25) with around Tk104.31 crore with the cost of per ton fertiliser reaching $289.75.

Following another proposal from the Ministry of Agriculture, the BADC would procure some 40,000 MTs of DAP fertilisers from OCP Nutricrops, Morocco under the ninth lot for the fiscal year (FY25) with around Tk280.68 crore with per ton fertiliser costing $584.75.

Following another proposal, the BADC would procure some 30,000 MTs of TSP fertilisers from OCP Nutricrops, Morocco under the 11th lot for the fiscal year (FY25) with around Tk152.46 crore with the price of per ton fertiliser fixed at $423.50.