Grain silos project on, FCI plans tender next month
“Our partner Crisil Infrastructure Advisory is in the process of developing technical and financial specifications prior to launching of the tenders,” an FCI official told FE. The Planning Commission believes the construction of 'railways siding' would increase the cost of project, which would be unattractive to the private players. Under the proposal approved by an empowered group of ministers (EGoM) earlier last year, the private players would put in money, while the FCI would take silos on rent for grain storage for 30 years. However, in case of private players seeking viability gap fund and lands for silos from the state governments, it would give rent to silo operators for grain storage for 10 years.
“Without the rail connectivity, the foodgrains would have to be carried by trucks, increasing the risk of deterioration,” the official added.
Silos with 50,000-tonne and 25,000-tonne capacities are set to be built at 42 locations across 10 states, including Bihar, Haryana, MP, Assam, UP, Gujarat, Punjab and Haryana.
Official sources said for creation of 50,000-tonne capacity silos, around seven acre of land is required while the 25,000-tonne capacity silos would need five acre land.
In 2008, under a pilot project, the FCI had entered into a
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