Approval of 3 purchase proposals of 679 thousand crore rupees – 2024-03-27 16:48:00

by times news cr

2024-03-27 16:48:00

The Cabinet Committee on Government Procurement has approved three procurement proposals including extension of tenure of three power plants. The total cost will be 679 crore 87 lakh 67 thousand 151 taka.

The proposals were approved in the committee meeting held under the chairmanship of Finance Minister Abul Hasan Mahmud Ali in the conference room of the Cabinet Division of the Secretariat on Wednesday (March 27). Committee members, senior secretaries of cabinet departments, secretaries of concerned ministries and senior officers were present in the meeting.

After the meeting, the Additional Secretary told reporters that today was the sixth meeting of the Cabinet Committee on Economic Affairs and the seventh meeting of the Cabinet Committee on Public Procurement for the year 2024. In the meeting, three proposals were approved in the meeting of the Committee on Economic Affairs and three in the meeting of the Purchase Committee. The total cost will be 679 crore 87 lakh 67 thousand 151 taka.

The Additional Secretary said that the proposal to execute the fifth supplement contract with the CPC contractor under the ‘Installation of Single Point Mooring with Double Pipeline’ project has been approved. Four supplemental agreements were signed with China Petroleum Pipeline Bureau (CPPB) for laying a self-contained tank farm at Maheshkhali and a single point mungring in deep sea and two double pipelines of 110 km under the project under implementation of Eastern Refinery Limited. 5.70 million US dollars equivalent to 62 crores in Bangladeshi currency for Fifth Supplementary Agreement with China Petroleum Pipeline Engineering Company Limited for procurement of appropriate power tugboat, pilotage and ancillary services for smooth execution of testing and commissioning work as per the report submitted by CPP and PPC recommendation. When the contract proposal was presented for 84 lakh 25 thousand rupees, the committee approved it.

He further said that the committee has approved the third variation proposal for the completion of the project package No-WD-1 ‘Construction of Railway from Khulna to Mongla Port (3rd Revised)’. Project Package No-WD-11 is being implemented by M/s Ircon International Limited, India. The cost of the project is estimated at 1 thousand 278 crore 65 lakh 52 thousand 907 taka. Due to reduction/increase in some items while the work is in progress as per the contract, there has been an additional cost increase of Rs.70 crore 23 lakh 92 thousand 151 for the third variation. The committee approved the proposal.

The Additional Secretary said that the committee has approved the tariff proposal and the extension of the term of three 10 (+10%) MW gas based power plants in Ashulia, Madhavadi and Chandina. The government’s 15-year contract with Summit Power Limited, the sponsor company of the three power plants, expired on August 31, 2018. Later the period was extended by another 5 years. His term expires on August 31, 2023. BAPBUBO recommends a second extension of 5 years to ensure uninterrupted power supply. After finalizing the contract terms recommended by BAPBIBO and the negotiation committee through negotiation with the sponsor company, the revised contract with Summit Power Limited on the basis of ‘No Electricity, No Payment’ tariff as Tk 5.82 per kilowatt hour for extension of the term of three gas based power plants from November 22, 2023 by 5 years. Motion to execute approved. In the extended period (5 years) the sponsor company has to pay 546 crore 79 lakh 50 thousand rupees. As the tariff is reduced as compared to earlier in the proposed proposal, the cost savings will be about Rs.6.81 crore over the extended period.

Earlier, in a meeting of the Cabinet Committee on Economic Affairs under the chairmanship of the Finance Minister, two proposals of the Department of Energy and Mineral Resources and one of the Commerce Ministry to import 50,000 metric tons of onions from India were given in principle approval.

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