State trading firm MMTC has invited a global tender for the export of 1,00,000 tonnes of wheat stored in the government godowns.

Bids, which will open on December 18, will remain valid up to December 26. Bidders should quote for a minimum 35,000 tonnes and a maximum of 1,00,000 tonnes of wheat, MMTC said in a statement.

Wheat offered for export is stored at the godowns of the Food Corporation of India (FCI) at Kakinada port in Andhra Pradesh.

Wheat offered would be of the 2012-13 crop year (July-June). The bidder should export wheat by January 31, 2013.

MMTC and other state trading companies have been floating bids following the government’s decision to export two million tonnes of the grain from the FCI godowns.

The government godowns are overflowing due to an all-time high procurement of about 38 million tonnes last year.

(This article was published on November 15, 2012)
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