The Food Corporation of India (FCI) has invited bids for the construction of 2.5 MT of modern wheat storage facilities under the public-private partnership (PPP) model.
Sources told FE that by February 2025, contracts for building this state-of-the-art grain storage facility would be awarded while 35 silos with a cumulative capacity of over 2.8 MT have been in operation.
In addition, contracts for constructing over 3.5 MT of modern storage facilities across 80 locations have been awarded to private entities. These will likely be ready in the next two years. "In the next couple of years total wheat silos capacity would be close to 9 MT," an official said.
This story is from the January 01, 2025 edition of Financial Express Ahmedabad.
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This story is from the January 01, 2025 edition of Financial Express Ahmedabad.
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emissary he had deployed. Although sceptical, I bounded off to North Block and was ushered in. It was my first official meeting with the FM. I conveyed the request, not a direction, of the prime minister. Dr Singh was puzzled — I could see that on his face — by the message or, perhaps, the messenger. He listened politely and told me that the second step had already been taken within minutes of the markets opening at 10 am.