The Food Corporation of India (FCI) Thursday floated tenders for building giant and ultra-modern steel silos in several parts of the country as part of the modernisation of its foodgrain logistics.
The public sector undertaking launched an e-tender inviting bids under DBFOO (Design, Build, Finance, Own and Operate) model for a total 17.50 lakh tonne-capacity in 36 locations across nine states.
The DBFOO model envisages the developer to bring in land to construct silos, along with railway sidings for bulk transportation. The developer will be paid fixed storage charges over the life of the concession period of 20 years, which is the bid parameter for the project. In addition, the developer will be paid pre-determined variable and handling charges for movement of foodgrain.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app