Home ›› 20 Oct 2022 ›› Front
State-owned Trading Corporation of Bangladesh (TCB) will procure 1.65 crores (16.5 million) litres of soybean oil from local private firms and 8,000 tonnes of lentils from a Turkish supplier for its ongoing open market sale (OMS) programme.
The Cabinet Committee on Government Purchase (CCGP) approved three separate proposals in its meeting on Wednesday. Finance Minister AHM Mustafa Kamal presided over the meeting.
The import of 90,000 tonnes of fertiliser also received approval from the committee.
Officials said the purchase of soybean oil and lentils by TCB is part of its move to run the ongoing OMS operation to sell some essential products at a subsidised rate for the low-income group.
Earlier, the CCGP gave nods to similar proposals placed by the Commerce Ministry on behalf of the TCB. The TCB is a subsidiary body of the Commerce Ministry.
As per the proposals, the TCB will procure 1.10 crore (11 million) litres of soybean oil from local Meghna Edible Oil Refinery Limited at a cost of Tk 189.03 crore with each litre costing Tk 171.85, down from the previous rate of Tk 185 per litre.
It will purchase 5.5 million (55 lakh) litres of soybean oil from local Super Oil Refinery limited at Tk 87.97 crore, with each litre costing 156.95 per litre, down from the previous Tk 185 per litre.
The TCB will procure some 8,000 tonnes of lentils from a Turkish firm at a cost of Tk 70.98 crore, with each kilogram costing Tk 88.73, down from Tk 110 per kg. The CCGP also approved two proposals of the Agriculture Ministry to import a total of 90,000 tonnes of fertiliser from abroad under state-level agreements.
As per the proposals, the Bangladesh Agriculture Development Corporation (BADC) will import 50,000 tonnes of MOP fertiliser from Canadian Commercial Corporation at Tk 437.05 crore and 40,000 tonnes of DAP fertiliser from OCP, SA of Morocco at a cost of Tk 302.37 crore.
