DHAKA, July 31, 2024 (BSS) - The government today approved separate proposals for procuring some 1 lakh metric tons of fertilizer, 10,000 metric tons of phosphoric acid and around 73,000 SPC poles to meet the growing demand.

The approvals came from the 19th meeting of the Cabinet Committee on Government Purchase (CCGP) this year held today with Finance Minister Abul Hassan Mahmood Ali in the chair at the Cabinet Division conference room.

Cabinet Division sources said that following a proposal from the Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure some 40,000 metric tons of DAP fertilizer from MA'ADEN, Saudi Arabia with around Taka 259.60 crore where per ton fertilizer would cost $550.

Following two separate proposals from the Ministry of Industries, the government would procure 30,000 metric tons of bagged granular urea fertilizer from KAFCO, Bangladesh under the 1st lot with around Taka 116.90 crore where per ton fertilizer would cost $330.50 while the government would purchase another consignment of 30,000 metric tons of bulk granular urea fertilizer from Fertiglobe Distribution Limited, UAE under the 10th lot with around Taka 121.48 crore with per ton fertilizer costing $343.17.

Besides, the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries would procure some 10,000 metric tons of phosphoric acid from Guangxi Pengyue Eco-Technology Co Ltd. China with around Taka 66.69 crore with per ton of phosphoric acid costing $570.

Following a proposal from the Power Division, Bangladesh Rural Electrification Board (BREB) would procure some 24,300 SPC poles from Bangladesh Machine Tools Factory Ltd with around Taka 76.68 crore under the project for BREB's power distribution system modernization and capacity enhancement (Khulna Division).

Under the same project, the BREB will procure 24,300 SPC poles from Charka SPC Poles Ltd JV with DADA Engineering Ltd, TSCO Power Limited and Pasha Poles Ltd with around Taka 76.65 crore while the BREB will procure another batch of 24,297 SPC poles from Poles and Concrete Ltd JV with Contech Construction Ltd, Royel Green Products Ltd and Sheltech Technology with around Taka 76.61 crore.

Besides, the day's CCGP meeting approved two projects each from the Power Division and the ICT Division.