Govt panel recommends procurement of fuel oil worth Tk 16,088.52cr under G2G deals
DHAKA, July 29, 2026 (BSS) - The Cabinet Committee on Government Purchase today recommended the approval of a proposal to import refined fuel oil worth an estimated Tk 16,088.52 crore for the July-December 2026 period under government-to-government (G2G) agreements with six state-owned foreign suppliers.
The decision came at the committee’s 33rd meeting of 2026 with Finance Minister Amir Khosru Mahmud Chowdhury in the chair at the Cabinet Division Conference Room at Bangladesh Secretariat today.
According to the Cabinet Division, the Energy and Mineral Resources Division proposed importing refined petroleum products from six G2G suppliers in line with the agreed premium, quantity and prevailing reference prices.
The recommended suppliers are ENOC of the United Arab Emirates, PetroChina and Unipec of China, Indian Oil Corporation Limited (IOCL) of India, OQT of Thailand and BSP of Indonesia.
Besides the fuel oil procurement, the committee recommended several major development and infrastructure-related procurement proposals.
The committee recommended awarding a Tk 125.99 crore contract for constructing 15 government primary schools-cum-flood shelters in Bogura district under the World Bank and Bangladesh government-financed Resilient Infrastructure for Adaptation and Vulnerability Reduction (RIVER) (1st Revised) project being implemented by the Local Government Engineering Department (LGED).
The work has been recommended to The Civil Engineers Limited (Lead Partner) and M/S Ahad Builders (TCEL-AB JV).
In another decision, the committee recommended approval of a Tk 49.14 crore proposal under the Industries Ministry for constructing a 10,000-metric-ton fertilizer buffer warehouse at Lakshmipur under the project titled “Construction of 34 Buffer Warehouses across the Country for Fertilizer Storage and Distribution (1st Revised).” The contract has been recommended in favour of M/S MBL-REL JV.
The committee also recommended approving the revised levelized tariff for purchasing electricity from the Ashuganj 450 MW Combined Cycle (North) Power Plant operated by Ashuganj Power Station Company Limited.
Under the revised tariff structure, the levelized tariff has been fixed at US Cents 4.0945 per kWh, equivalent to Tk 5.0281 per kilowatt-hour, considering a plant load factor of 84.6 percent, a 12 percent discount factor, 6 percent return on equity, an exchange rate of Tk 122.80 per US dollar, and a gas price of Tk 438.91 per 1,000 SCF.
The Cabinet Committee further recommended three procurement proposals under the Prime Minister’s Office relating to the Bangladesh Economic Zones Authority (BEZA).
The first proposal involves awarding a Tk 123.34 crore contract for the construction of road networks in Sub-Zones 6, 7, 11 and 18 of the National Special Economic Zone (NSEZ) at Mirsharai, Chattogram. The work has been recommended for Monico Limited.
The second proposal recommends awarding a Tk 211.79 crore contract for the Power Network (Package No. WD-4A-BSMSN-BEZA) project to Reverie Power & Automation Engineering Ltd.
The committee also recommended extending the contract period and approving a variation proposal for consultancy services under the National Special Economic Zone Development (1st Revised) project.
Under the revised arrangement, the consultancy contract value has been increased from Tk 83.14 crore to Tk 89.85 crore, while the contract duration has been extended from December 31, 2025 to December 31, 2027. The consultancy services are being provided by a joint venture comprising Cheil Engineering Co., Ltd., Korea; Yooshin Engineering Corporation, Korea; and Engineering and Planning Consultants Ltd., Bangladesh.