Swiss Singapore to supply fertilizer worth Rs 5 billion

Kathmandu / Nov 18:The government is making preparations to import 50,000 metric tons of chemical fertilizers for winter crops such as maize and paddy. The Agriculture Inputs Company Limited, which has been authorized by the government to finalize the deal, said that a Singaporean company named Swiss Singapore has been selected through a public tender called last month. However, the contract agreement with the company is yet to be finalized.

According to Rajendra Bahadur Karki, managing director of Agriculture Inputs Company Limited, the Singaporean company will supply 30,000 metric tons of urea and 20,000 metric tons of DAP once the deal is finalized.

“The total cost of purchasing fertilizer is around Rs 5 billion. The contract is being awarded to the lowest bidder,” said Karki.

Karki said that the state-owned company had called for tender bids of US$ 933 per metric ton of DAP. According to Karki, Swiss Singapore was awarded the contract for bidding the lowest amount of $878.44. Similarly, for the purchase of urea valued at $740 per metric ton, Swiss Singapore offered the lowest bid at $447.

The Agricultural Inputs Company Limited is preparing to sign the contract with the company in the next few days.

Likewise, Managing Director Karki said that the company currently has a stock of 30,000 metric tons of urea, 22,000 metric tons of DAP and 3,800 metric tons of potassium. According to the company, chemical fertilizers from India under a G2G deal will also start entering Nepal from next week.