The government on Tuesday approved separate proposals for procuring some one cargo of LNG, 70,000 tons of fertilizer and 4.5 million liters of refined rice bran oil to meet the growing demand of the country.
The approvals came from the 21st meeting of the Advisers Council Committee on government purchase held at Bangladesh Secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair.
Following a proposal from the Energy and Mineral Resources Division, Petrobangla will procure one cargo of LNG from the spot market from M/S POSCO International Corporation, South Korea, at around Tk608.14 crore following the international quotation collection method.
In response to a proposal from the Ministry of Industries, the Bangladesh Chemical Industries Corporation (BCIC) will procure 30,000 tons of bulk granular urea fertilizer under the fourth lot from Fertiglobe Distribution Limited, UAE, for the current fiscal year FY25 at around Tk138.16 crore, with per ton fertilizer costing $377.5.
In another proposal from the Ministry of Agriculture, the Bangladesh Agricultural Development Corporation (BADC) will procure 40,000 tons of DAP fertilizer under the sixth lot from MA’ADEN, Saudi Arabia, under a state-level agreement at around Tk345.99 crore with per ton fertilizer costing $709.
In response to another proposal from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) will procure some 4.5 million liters of refined rice bran oil through the local OTM method from Majumder Bran Oil Mills Limited, Noapara, Jessore, with around Tk71.77 crore where per liter oil would cost Tk159.5.
The purchase committee meeting also approved separate proposals from the Internal Resources Division, the Ministry of Housing and Public Works, the Road Transport and Highways Division and the Ministry of Railways.