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Business Insider Bangladesh

Govt to import 90,000 tonnes of fuel from India

BI Report || BusinessInsider

Published: 16:46, 12 January 2022   Update: 19:00, 12 January 2022
Govt to import 90,000 tonnes of fuel from India

Photo: Representational

The government will import 14.90 lakh tonnes of fuel oil from six countries, including 90,000 tonnes of diesel from India, for the first half of the year (January -June period).

A virtual meeting of the Cabinet Committee on Public Purchase, presided over by finance minister AHM Mustafa Kamal, on Wednesday approved the import.

After the meeting, Cabinet Division Additional Secretary Md Shamsul Arefin said the purchase will be done on a G2G (Government to Government) agreement via state-owned firms.

The purchase will cost the government $98,04,57,928 (Tk 8,417.23 crore), which includes premium and reference price.

The import of 90,000 tonnes of diesel from India’s Numaligarh Refinery Limited will be supplied to Parbatipur depot by rail wagon. This will cost the government $5,98,94,000 (Tk 512.46 crore).

Nagad
Monetary Policy Stance
Budget 2020-21
Walton