The cabinet committee on economic affairs has cancelled an order issued by the Jute and Textiles Ministry to sell 3.90 acres of land, owned by Bhaluka Woollen Mills.
Finance Minister AMA Muhith yesterday said the order to sell additional 3.90 acres of land of Bhaluka Woollen Mills by the Bangladesh Textile Mills Corporation had been cancelled.
“BTMC has no right to sell this land,” he said, adding that a case would be filed against the sale of land of Bhaluka Woollen Mills.
It is mentioned that additional land of Bhaluka Woollen Mills was sold after the Jute and Textiles Ministry asked the Privatisation Commission to include it in the list of the privatised state-owned institutions.
Meanwhile, an Indian firm has finally got the go-ahead to install 225 megawatt gas-based power plant at Sikalbaha in Chittagong. A proposal made by Power Division to select a consulting firm for donor-funded power plant project was approved at a meeting of the cabinet committee on public purchase, the finance minister told reporters yesterday.
“Per unit cost of electricity will be cheaper as it will be a gas-fired power plant,” he said.
As per the proposal, the tender evaluation committee had selected M/S Larsen and Toubro Ltd as the lowest bidder among seven companies.
Development partners for the project include Kuwait Fund, Saudi Fund, Abu Dhabi Fund and OPEC. They will provide a total of Tk1,707.74 crore.
The sponsors had already given consent to the selected firm for the implementation of the project.
About the appointment of consultant for the VAT online World Bank project, the finance minister said because of the allegations of irregularities in appointment of consultant, the VAT automation project will be re-examined and sent to the cabinet committee on public purchase.
Local partner of German Multinational Software Corporation, SAP AG, earlier urged the government to carry out an investigation into the procurement process of software for NBR.
The selection committee selected BULL SAS, France as a consultant to introduce an online system for value added tax payment from July, 2015. NBR also took consent from the World Bank for French company.
