A shipment of LNG will come from Korea, costing 692 crore 99 lakh taka –

The Division of Power and Mineral Assets will import yet another shipment of liquefied herbal fuel (LNG) for the month of January 2025 to satisfy the power call for. Korea’s POSCO World Company, because the lowest bidder collaborating within the world citation, will provide this one shipment of LNG. The cost of every unit is 14.6900 M. Bucks. The price of purchasing one shipment of LNG shall be 692 crores 99 lakhs 19 thousand 360 taka.

On Thursday (December 26) within the convention room of the Cupboard Division, Finance Marketing consultant Dr. The proposal used to be licensed within the assembly of the Advisory Council Committee on Govt Procurement below the chairmanship of Salehuddin Ahmed.

It’s identified that the Division of Power and Mineral Assets has given approval on November 4 to import 59 cargoes of LNG from the spot marketplace right through January-December 2025.

Subsequent 16-17 January 2025 despatched proposal for acquire of one shipment LNG. On December 17, 2024, an email used to be despatched to 23 MSPA signatories for citation submission via LSP instrument.

The three Citation Tenders and Proposal Analysis Committee submitted by means of the bidding establishments on the stipulated time submits a file containing suggestions to the Division of Power and Mineral Assets after comparing them technically and financially. Out of three quotations, 3 quotations are responsive.

Amongst them, Korea’s POSCO World Company is the bottom bidder, quoting the cost of LNG in keeping with unit at 14.6900 million bucks. A number of the different 2 firms, Boost up Power of america used to be the 2d bidder at $14.8400 and PetroChina World of Singapore used to be the third bidder at $14.8600.

All research submitted by means of responsive 3 organizations displays that the first lowest proposed unit price is 14.6900 m. Buck/MMBTU which used to be filed by means of POSCO World Company of Korea. The volume of LNG to be equipped by means of the stated corporate is 32,00,000 MMBTU. As in keeping with the signed MSPA, matter to a most margin of five%, the volume of LNG to be equipped is also a most of 33,60,000 MMBTU. At USD 14,6900 in keeping with MMBTU, the volume required to import 33,60,000 MMBTU of LNG is USD 49,358,400,00 (aside from VAT and AIT).

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As of December 22, 2024, the foreign money trade price of Sonali Financial institution Restricted is 1 US Buck 120.00 Taka, this quantity is 592 crore 30 lakh 8 thousand Taka (aside from VAT and AIT). Bearing in mind that 15% VAT and a pair of% AIT are appropriate on LNG import, the whole sum of money required for 17% VAT and AIT is 100 crore 69 lakh 11 thousand 360 taka. This is, the amount of cash required to import 33,90,000 MMbt of LNG shall be overall (592,30,08,000,00+100,62,11,19,360.00) = 692 crores 99 lakhs 19 thousand 360 taka.

MAS/MIHS

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