FCI to build 42 silos of 2 mn capacity, bids to be called soon

18 Jun 2013 CW Team

For building 42 modern silos or foodgrain storage facilities countrywide, the Food Corporation of India (FCI) will soon invite bids, FCI said on June 17. In a pre-bidding meeting organised recently, FCI received 'overwhelming' response from the private stakeholders for creation of modern storage silos, it said in a statement.

The electronic bidding for building 42 silos is expected to be launched within two months, it said. Of the silos to be built, 38 silos will be under the BOO (build, own and operate) variant of the public-private partnership (PPP), while the rest will be under the viability gap funding-based BOT (build, operate and transfer) model.

The silos will come up in Bihar, Haryana, Madhya Pradesh, Maharashtra, Punjab, Uttar Pradesh, West Bengal, Assam, Kerala and Gujarat. The FCI, the Centre's nodal agency for procurement and distribution of foodgrains, handles 77 million tonne of foodgrains, while it has storage space of only about 74 million tonne including covered and plinth (CAP).

Resources

17 Jun 2025

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India鈥檚 first Rent Credit Score鈩� platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe鈥檚 payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Real Estate

17 Jun 2025

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group鈥檚 refreshed vision to 鈥楨levate Lifestyle鈥�. This brand transformation represents more than a visual refresh鈥攊t marks a strategic shift in the company鈥檚 mission, visual identity and market positioning. The update will be visible across all of Supreme鈥檚 digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Infrastructure Urban

17 Jun 2025

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India鈥檚 Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India 鈥� from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans鈥� long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat鈥檚 economy. Conceptualized by Rediffusion Brand Solutions, the..