TK subsidiary to sell 5,000 tonnes of lentils to govt

Shabnam Vegetable Oil Industries, a concern of the TK Group of Industries, is set to secure a government contract to sell 5,000 tonnes of lentils at Tk 107.50 per kilogramme.

The Trading Corporation of Bangladesh (TCB) is going to purchase the lentils to make it available for the financially insolvent at a subsidised rate.

The cabinet committee on public purchase approved a proposal to this effect in a meeting yesterday.

The lentils will be sold along with some other essential commodities, including rice and edible oil, at a subsidised rate among the financially insolvent through the use of family cards from June 16.

Govt to purchase LNG, fertiliser at lower rates:

Meanwhile, the government is going to import liquefied natural gas (LNG) and fertiliser at prices lower than previous rates.

The cabinet committee also approved a proposal of Petrobangla to import 33.60 lakh million British thermal unit (MMBtu) of LNG from Vitol Asia Pte in Singapore.

It will cost $25.75 per MMBtu, Zillur Rahman, additional secretary to the cabinet division, told journalists after the purchase committee meeting.

The total cost of the consignment will be Tk 886.76 crore. Earlier, the government bought LNG at $26.40 per MMBtu, he said.

The cabinet committee also approved a proposal of Bangladesh Chemical Industries Corporation for purchasing 30,000 tonnes of urea fertiliser.

It will cost $671 per tonne while the price of each tonne of the last consignment was $876, Rahman said.

The total cost of the fertiliser this time will be Tk 174.62 crore, he said.