Two Indian firms bag Bangladesh tender to import 1 lakh tonne non-Basmati rice
Money Control DECEMBER 17, 2020 By Subramani Mancombu Two Indian firms have bagged global tenders floated by Bangladesh to import one lakh tonnes of parboiled non-Basmati rice to overcome supply shortage and surge in rice prices. “Two Indian firms have won the Bangladesh rice import tenders. While one firm has bagged the first tender, agreeing to sell 50,000 tonnes rice at $405 a tonne, the other firm will offer another 50,000 tonnes at $416,” said Rice Exporters Association (REA) President B V Krishna Rao. Bangla Tribune reported that the Sheikh Hasina Wazed Government’s Cabinet Committee on Government Purchase had last week cleared the purchase through the global tender costing $20.21 million. India’s Rika Global Impex Limited will supply the rice at $404.35, whose per kg landed cost would be Rs 30, with 30,000 tonnes being delivered at Mongla port and the rest at Chittagong. Bangladesh floated two separate tenders on November 16 and 25 to import 50,000 tonnes each of parb...