Dhaka: The Cabinet Committee on Government Purchase has recommended the approval of a proposal to import refined fuel oil worth an estimated Tk 16,088.52 crore for the July-December 2026 period under government-to-government (G2G) agreements with six state-owned foreign suppliers.
The decision was taken at the committee’s 33rd meeting of 2026, chaired by Finance Minister Amir Khosru Mahmud Chowdhury at the Cabinet Division Conference Room of the Bangladesh Secretariat.
According to the Cabinet Division, the Energy and Mineral Resources Division proposed importing refined petroleum products from six G2G suppliers based on the agreed premium, quantity and prevailing reference prices.
The recommended suppliers are ENOC of the United Arab Emirates, PetroChina and Unipec of China, Indian Oil Corporation Limited (IOCL) of India, OQT of Thailand and BSP of Indonesia.
The committee also cleared several major procurement proposals related to infrastructure, energy and industrial development.
It recommended awarding a Tk 125.99 crore contract for the construction of 15 government primary schools-cum-flood shelters in Bogura under the World Bank and Bangladesh government-financed Resilient Infrastructure for Adaptation and Vulnerability Reduction (RIVER) (1st Revised) project being implemented by the Local Government Engineering Department (LGED). The work has been recommended in favour of The Civil Engineers Limited (Lead Partner) and M/S Ahad Builders (TCEL-AB JV).
Another proposal approved under the Ministry of Industries involves a Tk 49.14 crore contract for constructing a 10,000-metric-ton fertiliser buffer warehouse in Lakshmipur under the project titled Construction of 34 Buffer Warehouses across the Country for Fertilizer Storage and Distribution (1st Revised). The contract has been recommended for M/S MBL-REL JV.
The committee further recommended approval of the revised levelised tariff for purchasing electricity from the Ashuganj 450 MW Combined Cycle (North) Power Plant, operated by Ashuganj Power Station Company Limited.
Under the revised structure, the levelised tariff has been fixed at US Cents 4.0945 per kWh, equivalent to Tk 5.0281 per kilowatt-hour, based on a plant load factor of 84.6 percent, a 12 percent discount factor, 6 percent return on equity, an exchange rate of Tk 122.80 per US dollar, and a gas price of Tk 438.91 per 1,000 SCF.
The Cabinet Committee also recommended three procurement proposals under the Prime Minister’s Office relating to the Bangladesh Economic Zones Authority (BEZA).
The first proposal involves awarding a Tk 123.34 crore contract to Monico Limited for constructing road networks in Sub-Zones 6, 7, 11 and 18 of the National Special Economic Zone (NSEZ) at Mirsharai in Chattogram.
The second proposal recommends awarding a Tk 211.79 crore contract to Reverie Power & Automation Engineering Ltd. for the Power Network (Package No. WD-4A-BSMSN-BEZA) project.
The committee also approved an extension and variation of the consultancy contract under the National Special Economic Zone Development (1st Revised) project. Under the revised arrangement, the consultancy contract value has been increased from Tk 83.14 crore to Tk 89.85 crore, while the contract period has been extended from December 31, 2025 to December 31, 2027.
The consultancy services are being provided by a joint venture comprising Cheil Engineering Co., Ltd. of South Korea, Yooshin Engineering Corporation of South Korea, and Engineering and Planning Consultants Ltd. of Bangladesh.
