{"id":9401,"date":"2023-10-23T12:20:56","date_gmt":"2023-10-23T12:20:56","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=9401"},"modified":"2023-10-23T12:21:44","modified_gmt":"2023-10-23T12:21:44","slug":"countrys-first-rice-silos-built-through-ppp-mode-to-be-commissioned-in-november","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/countrys-first-rice-silos-built-through-ppp-mode-to-be-commissioned-in-november\/","title":{"rendered":"Country\u2019s first rice silos built through PPP mode to be commissioned in November"},"content":{"rendered":"\n<p>FCI to complete construction of 3 MT of wheat silos<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-131.png\" alt=\"\" class=\"wp-image-9403\" srcset=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-131.png 1024w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-131-600x338.png 600w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-131-300x169.png 300w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-131-768x432.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>In addition, 3.4 MT of silos construction was sanctioned six months ago, whose construction is expected to commence soon, the official added.<\/p>\n\n\n\n<p>The country\u2019s first silos for storing rice built under a private-public-partnership (PPP) model with the Food Corporation of India (FCI) will be commissioned next month.Two rice silos with combined capacity of 25,000 tonne have been built by the National Commodity Management Services Ltd (NCML) at Buxar and Kaimur in Bihar under the design-build-finance-operate-transfer model (DBFOT), according to a food ministry official.This is part of the government\u2019s pilot project to set up steel silos for rice to prevent cereal wastage during storage. Officials said that technology for silos to store rice is still being developed, as at these facilities, the grain has to be stored at 15 degrees Celsius.<\/p>\n\n\n\n<p>\u201cConstruction of 2 MT of silos is already completed and is being used, while a MT capacity silos are expected to be handed over to us next month,\u201d an official told FE.In addition, 3.4 MT of silos construction was sanctioned six months ago, whose construction is expected to commence soon, the official added.<\/p>\n\n\n\n<p>The estimated cost of constructing 1 MT silos is around Rs 1,000 crore. This is part of a Rs 9,000-crore project to build wheat silos with 9.4 MT of capacity during the next three-four years under the PPP mode. These silos will be spread over 196 locations across Punjab, Haryana, Madhya Pradesh, Uttar Pradesh, Rajasthan,\u00a0Gujarat, Maharashtra, Bihar, West Bengal, Jammu, Uttarakhand and Kerala.Sources said that private entities, including Adani Agri\u00a0Logistics\u00a0and KCC Infrastructure, have been awarded the contracts.Though the country has silos for storing wheat, it is for the first time that a project for rice silos will be commissioned.Silos are considered sub-mandi yards, which allows the farmers to bring in their produce for procurement and reduces transportation costs.<\/p>\n\n\n\n<p>Meanwhile, FCI is aiming to complete construction of 3 million tonne (MT) capacity wheat silos located across the country by November under the PPP model.Currently, the silos are being built under the DBFOT mode, under which the land is owned by the FCI and via the design, build, fund, own and operate (DBFOO) model, under which land belongs to private entities.The corporation will use these for storage of wheat through a lease of 30 years with private entities. Fixed storage charges to be paid by the FCI to private entities, based on a per-tonne, per-year basis, are the bidding parameters.<\/p>\n\n\n\n<p>This fixed charge escalates by 70% of the wholesale price index and 30% of the consumer price index.In 2005, under a pilot project to modernise storage infrastructure, construction of 0.5 MT of storage capacity under the build, own and operate (BOO) model was carried out by Adani Agri Logistics. Subsequently, on recommendation of a high-level committee chaired by former food minister Shanta Kumar in 2015, construction of silos with\u00a0railway\u00a0sidings commenced.In 2005, under a pilot project to modernize storage infrastructure, the construction of 0.5 MT of storage capacity under the build, own, and operate (BOO) model was carried out by Adani Agri Logistics. Subsequently, on the recommendation of a high-level committee chaired by former food minister Shanta Kumar in 2015, the construction of silos with railway sidings commenced.<\/p>\n\n\n\n<p>Then, the food ministry approved a \u2018hub and spoke\u2019 model because of challenges faced in land acquisition for railway sidings.Food ministry officials said that if food grains are stored in silos and transported in bulk, losses due to theft, pilferage, and transportation would be negligible compared to the food grains stored in warehouses.The FCI stores on an average 40 \u2013 50 MT of rice and wheat on an average for ensuring supplies to beneficiaries under the National Food Security Act. Silos ensure better preservation of food grains.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.financialexpress.com\/policy\/economy\/\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FCI to complete construction of 3 MT of wheat silos In addition, 3.4 MT of silos construction was sanctioned six months ago, whose construction is expected to commence soon, the official added. The country\u2019s first silos for storing rice built under a private-public-partnership (PPP) model with the Food Corporation of India (FCI) will be commissioned [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[46,167,159],"class_list":["post-9401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-asian-rice","tag-indian-rice","tag-global-rice-news"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Country\u2019s first rice silos built through PPP mode to be commissioned in November - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Country\u2019s first rice silos built through PPP mode to be commissioned in November - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"FCI to complete construction of 3 MT of wheat silos In addition, 3.4 MT of silos construction was sanctioned six months ago, whose construction is expected to commence soon, the official added. 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