The Gas Transmission Company Limited, without floating any tender, asked four foreign companies Thursday to offer prices by August 16 for supplying pipes and other necessary materials for a project under which three major gas pipelines would be installed.
Petrobangla chairman Hossain Monsur said the lowest bidder among the four companies would be awarded the contract and it would have to supply the materials within eight months from receiving the job. The decision of implementing the project in this way was taken in a meeting on Thursday between the Energy Division high officials and representatives the four foreign companies.
The GTCL, a subsidiary of the state-run Oil, Gas and Mineral Resources Corporation or Petrobangla, has decided to implement the project under the Bangladesh Power and Energy Quick Supply (Special Provision) Act, 2010, said a Petrobangla official.
The three gas transmission lines to be installed are 138-kilometre Bibiyana-Dhanua pipeline of 36-inch diameter, 91-km Moheshkhali-Anowara pipeline of 30-inch diameter, and 61-km Ashuganj-Bakhrabad pipeline of 30-inch diameter.
The GTCL, out of 10 short-listed companies, has asked the four companies – the Jindal Saw Ltd and the Man Industries Ltd of India and the Panyuchu Steel Pipe Co Ltd and Liaoyang Steel Tube Co Ltd of China – to submit their financial offers for supplying the materials required to lay the pipelines.
Last week, the GTCL invited 10 companies to submit their expressions of interest for the contract.
The GTCL plans to implement the project by December 2012.
The government along with the GTCL will provide the entire project funds.
Source : New Age
