DHAKA, July 31, 2024 (BSS) - The government today approved separate proposals for procuring some 1 lakh metric tons of fertilizer, 10,000 metric tons of phosphoric acid and around 73,000 SPC poles to meet the growing demand. Cabinet Division sources said that following a proposal from the Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure some 40,000 metric tons of DAP fertilizer from MA'ADEN, Saudi Arabia with around Taka 259.60 crore where per ton fertilizer would cost $550. Besides, the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries would procure some 10,000 metric tons of phosphoric acid from Guangxi Pengyue Eco-Technology Co Ltd. China with around Taka 66.69 crore with per ton of phosphoric acid costing $570. Following a proposal from the Power Division, Bangladesh Rural Electrification Board (BREB) would procure some 24,300 SPC poles from Bangladesh Machine Tools Factory Ltd with around Taka 76.68 crore under the project for BREB's power distribution system modernization and capacity enhancement (Khulna Division). Besides, the day's CCGP meeting approved two projects each from the Power Division and the ICT Division.

Source: Bangladesh Sangbad Sangstha July 31, 2024 10:32 UTC