Govt to purchase 2.3 lakh tonnes of fertilisers

The government will purchase 2.30 lakh tonnes of fertilisers under seven proposals approved by the cabinet committee on public purchase today.

The cabinet in a meeting gave go-ahead to three proposals of the industries ministry and four of the agriculture ministry.

The Bangladesh Chemical Industries Corporation under the industries ministry will purchase a total of 70,000 tonnes of fertilisers from three different sources.

The corporation will bring in 10,000 tonnes of phosphoric acid at Tk 60.95 crore from a company of the United Arab Emirates and 30,000 tonnes of bagged granular urea fertiliser at Tk 120.4 crore from Karnaphuli Fertiliser Company Ltd.

It will purchase another 30,000 tonnes of bulk granular urea fertiliser at Tk 106.25 crore from Saudi Arabia's SABIC Agri-Nutrients Company.

The agriculture ministry will buy a total of 1.6 lakh tonnes of fertilisers.

The Bangladesh Agriculture Development Corporation (BADC) will make the purchases on behalf of the agriculture ministry.

Here, some 40,000 tonnes of di-ammonium phosphate fertiliser will be bought from Maaden in Saudi Arabia for Tk 229.33 crore and 30,000 tonnes of triple superphosphate fertiliser from OCP of Morocco at Tk 126.57 crore.

Another 40,000 tonnes of DAP fertiliser will be bought from the same Moroccan company for Tk 233.42 crore while Canadian Commercial Corporation will supply 50,000 tonnes of Muriate of potash fertiliser worth Tk 225.23 crore.