The cabinet committee on government purchase in a meeting on Wednesday approved a Trading Corporation of Bangladesh proposal to buy 1.10-crore litres of soya bean oil from the United States based firm Accentuate Technology Incorporation.
The price of per liters of soya bean will be supplied by the US firm at a price of $1.27, equivalent to Tk 140.16, said additional secretary of the cabinet division Sayeed Mahbub Khan while addressing an on-line briefing.
The meeting also approved another proposal to buy 70 lakh litres of soya bean oil to be supplied by City Edible Oil Limited at a price of Tk 182.65 per litre under a competitive bidding.
Besides, the meeting, presided over by finance minister AHM Mustafa Kamal, approved a proposal of purchasing 12,500 tonnes of sugar to be supplied by a local company at a cost of Tk 140 per kilogram.