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Wheat
STC floats fresh wheat tender
Our Bureau
New Delhi
,
June 12
The State Trading Corporation of India (STC) on Monday issued a fresh tender for import of 22 lakh tonnes (lt) of wheat on behalf of the Union Government. The last date for submission of bids as well as opening of the tender is June 20.
This is STC's third wheat import tender, the first of which, for five lt, was floated on February 10 and awarded to the Melbourne-based AWB Ltd. The second tender for 30 lt, was issued on May 8, but met with lukewarm response. As a result, only eight lt could be awarded to AWB Ltd (five lt) and Agrico Trade & Finance (three lt).
The latest tender has been floated for the balance 22 lt quantity that could not be firmed up. According to sources, STC has sought the wheat deliveries at Visakhapatnam, Kandla, Mumbai and Mundra ports. The parastatal has apparently also further relaxed quality specifications to attract wider bidder interest, though details were not available at the time of going to press.
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