Govt to by 2.65 lakh MTs fertiliser, 12,500 tonnes sugar

Staff Reporter :
The government has approved separate proposals to procure around 2.65 lakh tonnes of fertilizer, 12,500 tonnes of sugar and 4 cargos of LNG to meet the country’s growing demand.

The proposals were given approval by the Cabinet Committee on Government Purchase (CCGP) during its 15th meeting held virtually with Finance Minister AHM Mustafa Kamal in the chair on Wednesday.

Talking to reporters after the meeting, Cabinet Division Additional Secretary Sayeed Mahbub Khan said that the day’s meeting approved a total of 14 proposals.
Four separate proposals were given from the Ministry of Agriculture to procure fertilizers, the Cabinet Division Additional Secretary said adding that Bangladesh Agriculture Development Corporation (BADC) would procure 40,000 tonnes of DAP fertiliser from MA’ADEN, Saudi Arabia under state-level agreement under the 2nd lot with around Tk238.59 crore with per ton fertiliser costing $554.25 against the previous price of $599.75.

The BADC would procure 30,000 tonnes of TSP fertiliser from OCP, SA, Morocco under state-level agreement under the 1st lot with around Tk132.67 crore with per ton fertiliser costing $411 against the previous price of $480.

Apart from it, the BADC would procure 25,000 tonnes of TSP fertiliser from GCT, Tunisia under state-level agreement under the 1st lot with around Taka 105.73 crore where per ton fertiliser would cost $393.

As per approved proposal,the BADC would also purchase 50,000 tonnes of MOP fertiliser from Canadian Commercial Corporation under state-level agreement under the 3rd lot with around Taka 226.16 crore with per ton fertiliser costing $420.38 down from the previous price of $444.13, Sayeed Mahbub Khan said adding that the government would also purchase 30,000 tonnes of urea from SABIC, Agri, Saudi Arabia with around Tk105.02 crore.
Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries would procure 30,000 tonnes of phosphoric acid from M/s Sun International FZE, UAE (local agent: M/s Agro Industrial Input, Dhaka) with around Tk184.64 crore where per ton would cost $572 against the previous price of $674, he said.

Mahbub, however, said that the BCIC would also procure 30,000 tonnes of bagged granular urea fertiliser from Muntajat, Qatar under state-level agreement under the 15th lot with around Tk95.32 crore with per ton fertiliser costing $295.33 against the previous price of $308.67.

As per approved proposal, the BCIC would also procure another 30,000 tonnes of bagged granular urea fertiliser from KAFCO, Bangladesh with around Tk105.14 crore where per ton fertiliser would cost $325.75 against the previous price of $309.25.

The day’s CCGP meeting also approved a cost variation proposal from the Ministry of Railways on the Padma Bridge Rail Link project.

Cabinet Division Additional Secretary said that the CCGP has also given approval to four separate proposals for Petrobangla under the Energy and Mineral Resources Division.

As per approved proposal, the Petrobangla would procure 33.60 lakh MMBtu LNG from M/S Vitol Asia Pte Ltd. Singapore with around Tk465.17 crore with per MMBtu LNG costing $10.9788 against the previous price of $13.28.

Besides, the Petrobangla would procure 33.60 lakh MMBtu LNG from M/S Gunvor Singapore Pte Ltd. Singapore with around Tk528.36 crore with per MMBtu LNG costing $12.47 against the previous price of $13.21.