The Trading Corporation of Pakistan (TCP) has awarded a contract for importing 75,000 tons of urea to the lowest bidder Blue Deebaj FZCO based in United Arab Emirates (UAE).
According to a statement issued here today TCP received 17 bids in total out of which 15 bids were considered valid based on the required criteria.
After opening of tenders the highest bid was $335 per ton and the lowest was $309 per ton, which was submitted by Blue Deebaj.
Published in The Express Tribune, July 31st, 2013.
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There is no need to involve TCP for import of Urea in the country. The Government must allow the commercial importers to import and sell imported urea in the country. The Government must fix the prices of Urea on cargo to cargo basis