The federal government will purchase 1 lakh 70 thousand tons of fertilizer for 633 crore rupees – 2024-05-18 00:24:01

by times news cr

2024-05-18 00:24:01

Authorities has determined to purchase 1 lakh 70 thousand tons of fertilizer from Canada, Qatar, Saudi Arabia and home firm Kafco for the present fiscal 12 months via state contracts. It can value 632 crore 72 lakh 22 thousand taka to purchase this fertilizer. This contains 90 thousand tons of urea, 40 thousand tons of MOP and 40 thousand tons of DAP fertilizers.

The acquisition of this fertilizer was permitted within the assembly of the Cupboard Committee on Public Procurement held within the convention room of the Cupboard Division on the Secretariat on Wednesday (Could 15). Finance Minister Abul Hasan Mahbud Ali, chairman of the committee, being corona constructive, participated within the assembly nearly.

On the finish of the assembly, the Secretary of Coordination and Reform of the Cupboard Division. Mahmudul Hossain Khan advised reporters that the proposal to import 40 thousand tons of MOP fertilizer from the Canadian Industrial Company of Canada has been permitted. It can value 125 crore 40 lakh taka. The worth of fertilizer per ton will probably be 285 USD. Which was beforehand 327.75 USD. The fertilizer will probably be imported below an settlement signed between Canadian Industrial Company and Bangladesh Agricultural Growth Company (BADC).

When it comes to one other proposal, 40 thousand tons of DAP fertilizer will probably be imported from Saudi Arabia’s Ma Aden below the settlement between Saudi Arabia’s Ma Aden and Bangladesh Agricultural Growth Company on the state stage. It can value 228 crore 36 lakh taka. The price of every ton of fertilizer will probably be 519 US {dollars}. Which was beforehand 554 USD.

The secretary stated that the proposal to import 30,000 tons of bulk granular (non-obligatory) urea fertilizer from Qatar Chemical and Petrochemical Advertising and Distribution Firm (Muntajat) of Qatar has been permitted via a state contract below the Ministry of Business within the fiscal 12 months 2023-24. It can value 92 crore 29 lakh 11 thousand taka. The price of every ton of fertilizer will probably be 279.67 USD. Which was beforehand 282.50 USD.

Aside from this, the Cupboard Committee permitted the proposal to buy 30 thousand tonnes of bagged granular urea fertilizer from Karnaphuli Fertilizer Firm Restricted (Kafco). It can value 95 crore 53 lakh 50 thousand taka. The worth of every ton of fertilizer will probably be 289.50 USD. Which was beforehand 366.375 USD.

However, the cupboard committee permitted the proposal to import 30 thousand tons of bulk granular (non-obligatory) urea fertilizer from Sabiq Agri-Vitamins Firm of Saudi Arabia. It can value 91 crore 13 lakh 61 thousand taka. The price of every ton of fertilizer will probably be 276.17 US {dollars}. Which was earlier 288.33 USD.

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