Dhaka Saturday, May 18, 2024

Govt to buy 1.50 lakh tonnes of fuel
  • Staff Correspondent
  • 2020-08-19 23:26:10

The Cabinet Committee on Government Purchase (CCGP) has okayed three proposals including two separate ones for procuring a total of 1.50 lakh metric tonnes of marine fuel.

The approval came from the 19th meeting of the Cabinet Committee on Government Purchase held virtually on Wednesday with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters after the meeting virtually, Kamal said that Bangladesh Petroleum Corporation (BPC) will purchase 75,000 metric tons of marine fuel from ENOC Singapore Pte Ltd Singapore with a cost of Tk 2.22 billion by December 2020.

The BPC under another proposal will procure 75,000 metric tonnes of marine fuel from PTT International Trading Pte Ltd. Singapore with a cost of Tk 2.17.70 billion.

The Finance Minister said the government is procuring such marine fuel on G2G basis since it is cost effective and the international price of such fuel is now less.

Asked whether the government will adjust the fuel oil price in the wake of price fall in international market, Kamal said that the line ministry would look into the matter.

He said even the Prime Minister herself can take decision on this matter when the proper time comes.

He said the purchase committee meeting approved another proposal for printing, binding and supplying text books of Bangla and English versions of class 3, 4 and 5 for the 2021 calendar year free of cost under 1-98 lots. He said that the lowest responsive bidder as recommended by the TEC would supply some 7,20,09,373 textbooks with a cost of Tk 1.32 billion.

The Finance Minister said the government distribute text books free of cost every year in a festive mood and it also aims to distribute text books in such fashion in the next year.

He informed that the meeting rejected the proposal for raising the security money for the bidders and now it will remain the same.

“Hopefully we’ll get quality text books in time maintaining qualitative standard and this is our expectations,” Kamal added.

 

Govt hikes gas price used in power production by Tk0.75 per cubic metre
Soybean oil has decreased by Tk 10 per litre
Bangladesh Economic Association proposes 70% tax on cigarettes, tobacco