STC floats bids for sale of imported yellow peas

State-run STC has invited bids for the sale of an unspecified quantity of imported yellow peas in the domestic market.    

Bids will close on February 16 and a decision on award of the tender will be taken by February 23, the company said on its website.     

STC said the bidders should quote for a minimum of 1,000 tonnes, adding that the yellow peas offered for sale are from the 2010 crop year.     

Currently, imported yellow peas are lying in godowns of the Mumbai Port Trust and  Jawaharlal Nehru Port Trust, it added.     

STC and other state-run trading agencies like PEC and MMTC import different varieties of pulses on behalf of the government to augment domestic supply.

The country imports pulses as demand is about 3-4 million tonnes higher than domestic production.