The government on Wednesday approved a proposal for fixing tariff for procuring electricity from the 300MW solar power plant to be set up at Rampal under Bagerhat district.
The approval came from the 28th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held virtually with Finance Minister AHM Mustafa Kamal in the chair.
Briefing reporters virtually after the meeting, Cabinet Division additional secretary Sayeed Mahbub Khan said the day's CCGP meeting approved a total of 8 proposals.
He said following a proposal from the Power Division, the 300MW Solar Power Plant at Rampal Upazila under Bagerhat district would be set up by the Joint Stock Company of ACWA Power Company, Saudi Arabi, Comfit Composite Knit Ltd. Bangladesh, Viyellatex Spinning Ltd, Bangladesh and Midland East Power Ltd, Bangladesh under the supervision of the Bangladesh Power Development Board (BPDB).
Mahbub said once its operation is launched, power will be purchased from the aforesaid companies under "No Electricity, No Payment" basis for a period of 20 years where around Tk 10,761.60 crore would be required with a power tariff of Tk 11.067 per kilowatt hour electricity.
In the overall arrangement, there will be a 12 per cent discount factor, 6 per cent tax at source and 18.5 per cent plant factor.
The Cabinet Division additional secretary informed that following two separate proposals from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure some 6,000 tonnes of lentil under local Open Tender Method (OTM) from Nabil Naba Foods Ltd for the current fiscal year (FY24) with around Tk 57.05 crore where per KG lentil would cost Tk 95.09 against the previous price of Tk 94.44.
On the other hand, the TCB would procure some 40 lakh litres of rice bran oil under the local Open Tender Method (OTM) for the current fiscal year (FY24) from Majumder Bran Oil Mills Ltd with Tk 64.60 crore where per litre oil would cost Tk 161.5 against the previous price of Tk 169.25.
Mahbub said the day's CCGP meeting also okayed five separate proposals from the Ministry of Industries for procuring some 1.25 lakh tonnes of fertiliser from different sources.
The Bangladesh Chemical Industries Corporation (BCIC) would procure some 25,000 tonnes of rock phosphate from M/S Agro-Industrial Input, Dhaka with around Tk 97.82 crore per tonne of rock phosphate costing $359 against the previous price of $375.
The BCIC will procure 10,000 tonnes of phosphoric acid from M/S Best Eastern, Dhaka for the TSPCL in Chattogram with around Tk 58.86 crore with the price of per ton phosphoric acid at $540.
Meanwhile, the BCIC will procure 30,000 tonnes of bulk prilled urea fertiliser from Muntajat, Qatar in 1st lot under a state-level agreement with around Tk 130.52 crore per ton fertiliser costing $397.33 while the BCIC will purchase another consignment of 30,000 tonnes of bulk granular urea fertilizer from Muntajat, Qatar in 2nd lot also under state-level agreement with around Tk 131.13 crore where per ton fertiliser would cost $399.17 against the previous price of $397.33.
Besides, the BCIC will procure 30,000 tonnes of bagged granular urea fertiliser from KAFCO, Bangladesh in the 3rd lot with around Tk 129.18 crore with per tonne fertiliser costing $393.25.
Prior to the CCGP meeting, the 20th meeting of the Cabinet Committee on Economic Affairs (CCEA) was held on Wednesday with Finance Minister AHM Mustafa Kamal in the chair.
The meeting approved a proposal in principle for reducing the timeframe for submitting tender bids to 15 days from 42 days to be determined from the date of publishing advertisement in the newspaper for procuring wheat by the Directorate General of Food under the international open tender method.
