Govt to procure 3.36m MMBtu LNG, 0.24m tonnes of fertiliser

Abu Sufian

The government on Wednesday approved separate proposals for procuring some 3.36 million (33.60 lakh) MMBtu LNG and 0.24 million (2.40 lakh) metric tonnes of fertiliser, alongside approving power tariff for two solar-based power plants.

The approvals came from the 41st meeting of the Cabinet Committee on Government Purchase (CCGP) this year held on Wednesday virtually with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters after the meeting virtually, cabinet division additional secretary Sayeed Mahbub Khan said that the day’s meeting approved a total of 17 proposals.

He said following separate proposals from the Power Division, Bangladesh Power Development Board (BPDB) will procure power from Consortium of Renewable Energy UK Ltd;

Badal Construction Ltd. and G-Tech Solution Ltd for a 20-year term from the proposed 100MW solar-based power plant at Basail upazila in Tangail with around Tk 35.616 billion (3,561.60 crore) where the per kilowatt hour electricity would cost Tk 10.99.

Mahbub said that the BPDB would also procure electricity from the Consortium of KAI Bangladesh Aluminium Ltd.; and

Altech Aluminium Industries Ltd for a 20-year term from the proposed 100MW solar-based power plant at Cox’s Bazar sadar upazila with around Tk 35.568 billion (3,556.80 crore) where the per kilowatt hour electricity would cost Tk 10.98.

He informed that Petroangla under the Energy and Mineral Resources Division would procure 3.36 million (33.60 lakh) MMBtu LNG as the first shipment in 2024 from the spot market from M/S TotalEnergies Gas & Power Ltd.

Switzerland with around Tk 6.92 billion (691.73 crore).

The day’s CCGP meeting approved another proposal from the Energy and Mineral Resources Division under which the draft of the Terminal Use Agreement and Implementation Agreement to be signed between Petrobangla and Summit Oil and Shipping Company Ltd has been given approval.

Under the proposed agreement, the government would provide $0.3 million (3 lakh) daily fee as re-gas charge to the terminal company for setting up the 3rd floating LNG terminal at Moheshkhali in Cox’s Bazar having daily capacity of 600 MMCF.

Mahbub said following three separate proposals from the Ministry of Agriculture, the Bangladesh Agricultural Development Corporation (BADC) would procure a total of 0.12 million (1.20 lakh) metric tons of DAP fertiliser

in three separate equal lots from OCP, SA, Morocco under state-level agreement with a total cost of around Tk 7.53 billion (753.03 crore).

He said in five separate proposals from the Ministry of Industries, the Bangladesh Chemical Industries Corporation (BCIC) would procure 30,000 metric tons of bagged granular urea fertiliser from KAFCO,

Bangladesh with around Tk 1.0492 billion (104.92 crore), 10,000 metric tons of Phosphoric Acid for TSPCL, Chattogram from M/S Sun International FZE, UAE with around Tk 646 million (64.60 crore), 30,000 metric tons of bulk granular urea fertilizer from Fertiglobe Distribution Ltd,

UAE with around Tk 1.08 billion (108.95 crore), 30,000 metric tons of bulk prield urea fertilizer from Muntajat, Qatar with around Tk 1.08 billion (108.95 crore) and another 30,000 metric tons of bulk granular urea fertilizer from SABIC Agri Nutrients Company, Saudi Arabia with around Tk 1.08 billion (108.95 crore).

The day’s CCGP meeting approved three other proposals from the Power Division and one from the Local Government Division.

Earlier, the 30th meeting of the Cabinet Committee on Economic Affairs (CCEA) was held virtually with Finance Minister AHM Mustafa Kamal in the chair.

The meeting approved a proposal in principle from the Power Division for procuring electricity under the Direct Procurement Method (DPM) from Nepal through using the Indian grid.


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