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Cabinet body okays import of LNG, sugar, fertilizer

Staff Reporter:

The Cabinet Committee on Government Purchase (CCGP) approved some 16 proposals of different min-istries including import of LNG, sugar and fertilizer in a meeting on Wednesday.
Finance Minister AHM Mustafa Kamal presided over the virtual meeting attended by Cabinet body members.
As per the proposals, state-owned Petrobangla under Energy and Mineral Resources Division will import two LNG cargos, each having 33.60 lakh MMBtu of liquefied natural gas (LNG), from international spot market.
TotalEnergies Gas & Power Ltd, Switzerland, will supply the first LNG cargo at a total cost of Tk 564.27 crore with each unit price at $13.33 per MMBtu.
The same company will supply the second LNG cargo at a total cost of Tk 562.15 crore, with each unit of LNG at 13.28 per MMBtu.
The state-owned Trading Corporation of Bangladesh (TCB) will import 12,500 tonnes of sugar from Brizo Marine SDN BHD, Malaysia in international open tender system at a cost of Tk 68.67 crore with each kg price at Tk 89.50.
The TCB will import another lot of 12,500 MT of sugar at a cost of Tk 69.28 crore with per kg at Tk 88.74 from the same Malaysian company.
The government will import a total of 230,000 tonnes of fertiliser from abroad. Of these, Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industry will import 30,000 MT of bagged granular urea fertilizer from Muntajat, Qatar at cost of Tk 99.11 crore.
The BCIC will purchase another 30,000 MT of bagged granular urea fertilizer from Karnaphuli Fertiliz-er Company Limited (Kafco) Tk 99.65 lakh.
It will import another lot of 30,000 MT of bulk granular urea fertilizer from SABIC Agri-nutrients Company, Saudi Arabia Tk 95.25 crore.
Bangladesh Agricultural Development Corporation (BADC) under the Ministry of Agriculture will im-port 50,000 MT of muriate-of-potash (MOP) fertilizer from Canadian Commercial Corporation (CCC) under a state level contract at a cost of Tk 237.67 crore.
The BADC will import another 50,000 MT of muriate-of-potash (MOP) fertilizer from the same compa-ny at the cost of Tk 237.67 crore.
Some 40,000 MT of DAP fertilizer will be imported by the BADC from OCP, S.A. of Morocco at a cost of Tk 239.31 crore.
The Cabinet body approved a proposal of the Bangladesh Rural Electrification Board (BREB) to import 500,000 smart pre-paid meters from the Joint Venture of (1) JVCA of Oculin Tech BD Ltd., and SQ Wire & Cable Co. Ltd at a cost of Tk 235.13 crores.
The BERB will purchase 10,000 CT/PT rated on-line three-phase smart meter systems on turn-key basis at Tk 30.58 crore from the Joint Venture of (1) SQ Trading and Engineering and (2) Wasion Group Ltd.
The committee approved a proposal of Joules Power Ltd. to set up a 20 MW (AC) solar power plant in Muktagacha Upazila of Mymensingh as an independent power producer (IPP).
The state-owned Bangladesh Power Development Board (BPDB) will purchase electricity from the plant on No Electricity, No Payment basis for a period of 20 years at a total cost Tk 693.06 crore at a tariff of Tk 10.69 per kilowatt hour.
The Consortium of (1) Jiangsu ETERN Co. Electricity. Ltd.; (2) Liz Fashion Industry Ltd; and (3) Fuad Spinning Mills Ltd., received a nod of the committee to set up a 44 MW (AC) solar power plant in Trishal Upazila of Mymensingh district under a contract with BPDB on No Electricity, No Payment ba-sis for a period of 20 years. The BPDB will purchase electricity from the plant at cost Tk1,526 crore with a tariff of Tk 10.7 per kilowatt hour.
The Wage Earners Welfare Board under the Ministry of Expatriate Welfare and Foreign Employment has approved the appointment of International Organization for Migration (IOM) as a consultant for its project “Recovery and Advancement of Informal Sector Employment Reintegration of Returning Mi-grants” at a cost of Tk 48.85 crore.
The committee approved a proposal to award a contract to Toma Construction & Co. under the package No. PW-03 of the project “Sherpur (Kanasakhola)-Bhimganj-Narayankhola-Rambhadrapur-Paranganj-Mymensingh (Rahmatpur) Road Development”.
The Roads and Highways will award the contract at a cost of Tk 269.82 crore.
Meanwhile, Cabinet Committee on Economic Affairs (CCEA) approved in principle a proposal of the Department of Prisons under the Security Service Division of the Ministry of Home Affairs to import 130 Comprehensive Mobile Phone Jammers for 5 jails (Dhaka, Kashimpur-2, Kashimpur High Security and Narayanganj) through Direct Purchase Method (DPM).

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