FCI Plans 249 Steel Silos

  • | Wednesday | 19th October, 2022

BY Dinesh Sharma

New Delhi, Oct. 19: The Food Corporation of India (FCI) has planned to construct modern steel silos having a total capacity of 111.125 lakh metric tons at 249 locations spread across 12 states under the Hub & Spoke model. The silos will be constructed under the Public Private Partnership with total investment of approximately 9236 crores. These silos would be constructed in three phases over next 3-4 years.

 In the first phase of Hub & Spoke model, silos of 34.875 LMT capacity at 80 locations would be constructed by the FCI. Silos capacity of 10.125 LMT at 14 locations would be under DBFOT mode and 24.75 LMT at 66 locations under DBFOO mode. The tender under DBFOO mode is due to be opened on October 31 whereas the tender for DBFOT mode was already opened on 10 .08. 2022, and one project was awarded to a developer and for other projects, the process is underway. The modern silos with bulk handling facilities is a scientific way of storage of foodgrains and ensures better preservation of foodgrains.

In the already awarded and ongoing Silo Projects, a capacity of 17.75 LMT at 31 locations (Including Circuit Model) has been completed/put to use and 15.50 LMT at 31 locations are under various stages of implementation.

The proposed model of development is DBFOT (Design, Build, Finance, Operate and Transfer) and DBFOO (Design, Build, Finance, Own and Operate) wherein the private entities shall be responsible for the construction and operation of these modern silos for a pre-defined period. Through this Public Private Partnership (PPP) mode of DBFOT, the land is to be provided by FCI while under the DBFOO mode, the land is to be acquired by private entities.

These Silos at 80 locations shall be spread across 9 states and 1 UT i.e. Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, Gujarat, Rajasthan, Maharashtra, Bihar, West Bengal and Jammu & Kashmir and are expected to be built with an investment of more than Rs. 2,800 crores. These projects are conceived in consultation with state governments, Niti Aayog, the Ministry of Finance, the Ministry of Railways, and the Ministry of Steel.

These modern silos near farms would act as purchase centers (mandies) and are expected to reduce the distance for farmers and further reduce operational difficulties and complexities. Mechanized operations make silos operational round the clock and also reduce turn-around time for intake and off-take of agri-produce and would improve overall efficiency. Further, these modern steel silos require approximately 1/3rd land as compared to conventional storage warehouses.

 


If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.


Stay updated with all the Delhi Latest News headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles

FCI Plans 249 Steel Silos
  • Wednesday | 19th October, 2022
Summer Fiesta for children from May 29
  • Saturday | 11th May, 2024