DHAKA, July 1, 2026 (BSS) - The Cabinet Committee on Economic Affairs (CCEA) 
today approved three proposals, including the import of urea fertilizer under 
a government-to-government (G2G) arrangement, the transfer of industrial land 
for the expansion of the Bangladesh Ordnance Factory (BOF), and amendments to 
the coal price mechanism for two coal-fired power plants.

The approvals came from the 20th meeting of the CCEA this year, held at the 
Bangladesh Secretariat with Finance Minister Amir Khasru Mahmud Chowdhury in 
the chair.

The committee gave policy approval to a proposal from the Ministry of 
Industries to procure urea fertilizer for the 2026-27 fiscal year through a 
G2G agreement. 

Under the proposal, the Bangladesh Chemical Industries Corporation (BCIC) 
will sign a contract with SABIC Agri-Nutrients Company of Saudi Arabia to 
import urea fertilizer to help ensure an adequate supply for the country's 
agricultural sector.

The CCEA also approved a proposal from the Ministry of Textiles and Jute to 
hand over the property of Jalil Textile Mills Ltd., currently under the 
Bangladesh Textile Mills Corporation (BTMC), to the Bangladesh Army.

The industrial property, located at Bhatyari in Chattogram, will be used for 
the planned expansion of the Bangladesh Ordnance Factory (BOF), strengthening 
the country's defence manufacturing infrastructure.

In the power sector, the committee approved amendments to the coal price 
mechanism applicable to the 2x612 MW coal-fired power plant at Banshkhali in 
Chattogram, developed by SS Power I Ltd., and the 307 MW coal-fired power 
plant of Barisal Electric Power Company Limited.

The approvals are expected to help ensure a stable fertilizer supply for 
agriculture, support the expansion of defence production facilities, and 
streamline the financial framework for coal-based power generation in the 
country.