2022-08-17 17:35:19

Govt to procure 1.25 crore litres soybean oil

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Govt to procure 1.25 crore litres soybean oil

Trading Corporation of Bangladesh will directly procure some 1.25 crore litres (12.5 million litre) of soybean oil and 5000 kilogram of lentil from 7 local suppliers without following any competitive process, reports UNB.

Finance Minister AHM Mustafa Kamal in a meeting with cabinet committee on government purchase (CCGB) gave approval to the proposals in this regard.

Commerce Ministry placed the proposals on behalf of the TCB.

As per the proposals, some 40 lakh (4 million) litre of the edible will be procured from Super Oil Refinery at Tk 173.95 per liter while remaining 85 lakh (8.5 million) litre will be purchased from three suppliers at Tk 171 per liter.

Of the three suppliers, Shun Shing Edible Oil Ltd, a subsidiary company of Bangladesh Edible Oil Limited (BEOL), will supply 20 lakh litre while Bashundhara Multi Food Products Limited (BMFPL), a subsidiary of Bashundhara Group, will supply 35 lakh litre and Sena Edible Oil Industry, a subsidiary of Sena Kalyan Sangstha Bangladesh, will provide 30,000 litre of soybean oil.

The 40 lakh litre of the edible oil will cost Tk 69.58 crore while 85 lakh litre will cost Tk 145.35 crore.

Some 5000 kg of lentil will be procured from three suppliers at cost of Tk 55.50 crore with each kg price at Tk 111.

Of these, some 3000 kg will be purchased from ACI Limited, 1000 kg from Nadil Traders and 1000 from Roy Traders.

Bd-pratidin English/Tanvir Raihan

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