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01 November 2024

Govt to purchase lentil, rice bran oil worth Tk391 crore for TCB

Staff Correspondent

Published: 13:17, 23 January 2024

Update: 13:20, 23 January 2024

Govt to purchase lentil, rice bran oil worth Tk391 crore for TCB

Photo: Collected.

The government has planned to purchase 1.20 crore liters of rice bran oil and 20,000 tons of red lentil for the Trading Corporation of Bangladesh (TCB) at a cost of Tk391 crore.

The Cabinet Committee on administration Purchase (CCGP) approved these recommendations at its first meeting under the newly constituted administration on Tuesday (23 January), chaired by Finance Minister Abul Hassan Mahmood Ali.

Following the meeting, the Cabinet Division informed journalists that the TCB will purchase 1.20 crore litres of rice bran oil in three lots from three local companies - Majumdar Products, Majumdar Bran Oil Mills, and Ali Natural Oil Mills and Agro Industries - via direct purchase (DPM) at a cost of Tk189.60 crore.

Following another recommendation from the Ministry of Commerce, the acquisition of 10,000 tonnes of lentil from Uma Expo Private Limited in India has been approved.

The government has allotted Tk96.14 crore for the purchase of lentils. Each kilogram of lentil will cost Tk101.

Additionally, the cabinet committee has granted approval for the procurement of another 10,000 tonnes of lentil from Roy Agro Food Products in Bogura and Nabil Naba Foods Limited in Dhaka at a cost of Tk105.45 crore. The unit price for these lentils has been set at Tk105 per kilogram.

Messenger/Sun Yath