Trading Corporation of Bangladesh (TCB) will procure 2.75 crore litres of Soybean oil from local suppliers for its Open Market Sale (OMS) programme.
The decision came on Wednesday at a meeting of the Cabinet Committee on Government Purchase (CCGP) held virtually with Finance Minister AHM Mustafa Kamal in the chair.
Briefing reporters virtually after the meeting, Additional Secretary of the Cabinet Division Syed Mahmud Khan said the cabinet committee approved three proposals of the Commerce Ministry to procure a total of 2.75 crore litres of Soybean oil from local suppliers.
Under the proposals, some 1.10 crore litres of soybean oil will be procured from privately owned City Edible Oil Limited at a cost of Tk 203.32 crore with the cost of each litre at Tk 104.48 per litre.
A similar quantity of soybean oil will be procured from Super Oil Refined Limited at 204.44 crores with each litre cost at Tk 185.95 and some 55 lakh litres of soybean oils will be purchased from Shun Shing Edible Oil Ltd at a cost of Tk 101.47 crore with each litre's price at Tk 184.05.
As per the Commerce Ministry's proposals, the TCB will procure the entire edible oils through three open tenders.
Bd-pratidin English/Golam Rosul
