PEC invites bids to import 24000 tons of soyabean oil
http://economictimes.indiatimes.com/Markets/Commod [2008-7-4]
Tag : Soya Bean Oil
NEW DELHI: For supplying edible oil under public distributionsystem (PDS), state-run trading company PEC has invited bids forimport of 24,000 tons of crude degummed soyabean oil.
The bids would close on July 7 and the decision on the tender wouldbe taken on the same day, the company stated on its website.
With this bid, state-run trading agencies MMTC, STC, PEC andco-operative major NAFED have so far contracted 2.03 lakh tons ofedible oils, sources said.
The government has asked these agencies to import one milliontonnes of edible oils to meet requirement of PDS.
According to the tender, PEC would source crude degummed soyabeanoil from Argentina and Brazil, and it would be delivered duringJuly-August period.
The bidders should quote for 12,000 tons each to be delivered atEast Port and West Port respectively, it said.
The centre plans to supply one litre of cooking oil to each familyunder below poverty line and Antyodaya Anna Yojana scheme of thePDS, bearing a subsidy of Rs 15 per litre.
NEW DELHI: For supplying edible oil under public distributionsystem (PDS), state-run trading company PEC has invited bids forimport of 24,000 tons of crude degummed soyabean oil.
The bids would close on July 7 and the decision on the tender wouldbe taken on the same day, the company stated on its website.
With this bid, state-run trading agencies MMTC, STC, PEC andco-operative major NAFED have so far contracted 2.03 lakh tons ofedible oils, sources said.
The government has asked these agencies to import one milliontonnes of edible oils to meet requirement of PDS.
According to the tender, PEC would source crude degummed soyabeanoil from Argentina and Brazil, and it would be delivered duringJuly-August period.
The bidders should quote for 12,000 tons each to be delivered atEast Port and West Port respectively, it said.
The centre plans to supply one litre of cooking oil to each familyunder below poverty line and Antyodaya Anna Yojana scheme of thePDS, bearing a subsidy of Rs 15 per litre.
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