The Food Corporation of India (FCI) has invited bids for the construction of 2.5 MT of modern wheat storage facilities under through 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 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 Mumbai.
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This story is from the January 01, 2025 edition of Financial Express Mumbai.
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