Govt to procure 1.48cr litres edible oil, 10,000 MTs lentil

The government on Wednesday approved separate proposals for procuring over 1.48 crore litres of edible oil and 10,000 metric tonnes (MTs) of lentil to meet the growing demand of the country.

The approval came from the 16th meeting of the Advisory Council Committee on Government Purchase, ACCGP, this year held at the Cabinet Division conference room at the Secretariat with Finance Dr Salehuddin Ahmed in the chair.

Briefing reporters after the meeting, he said following a proposal from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh, TCB, would procure some 10,000 MTs of lentil from Nabil Naba Foods Limited under local Open Tender Method, OTM, with around Tk 95.97 crore where per kilogram lentil would cost Tk 95.97.

In response to another proposal from the Ministry of Commerce, the TCB would procure 38.10 lakh litres of loose soybean oil under local Direct Procurement Method, DPM, for the current fiscal year from S Alam Super Edible Oil Limited with around Tk 53.34 crore with per litre oil costing Tk 140.

The TCB would also procure 1.10 crore litres of refined loose palm oil under local DPM for the current fiscal year from S Alam Super Edible Oil Limited with around Tk 143 crore with the price of per litre oil fixed at Tk 130.

Source: BSS