Food Corporation of India plans to construct 11.1 million tonne capacity modern steel silos at 249 locations across 12 states under the hub & spoke model in public private partnership with total investment of nearly INR 9236 crores. These silos would be constructed in three phases over the next three-four years. In the first phase of Hub & Spoke model, silos of 3.5 million tonne capacity at 80 locations would be constructed by FCI. Out of this, 1 million tonne at 14 locations would be under DBFOT mode and 2.5 million at 66 locations under DBFOO mode. FCI said “Tender under DBFOO mode is due to be opened on 31 October 2022 whereas tender for DBFOT mode already been has opened on 10 August 2022 & one project was awarded to a developer and for other projects, process is underway. These modern Silos with bulk handling facilities is a scientific way of storage of foodgrains and ensures better preservation of foodgrains.” 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 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 the private entities.
Food Corporation of India plans to construct 11.1 million tonne capacity modern steel silos at 249 locations across 12 states under the hub & spoke model in public private partnership with total investment of nearly INR 9236 crores. These silos would be constructed in three phases over the next three-four years. In the first phase of Hub & Spoke model, silos of 3.5 million tonne capacity at 80 locations would be constructed by FCI. Out of this, 1 million tonne at 14 locations would be under DBFOT mode and 2.5 million at 66 locations under DBFOO mode. FCI said “Tender under DBFOO mode is due to be opened on 31 October 2022 whereas tender for DBFOT mode already been has opened on 10 August 2022 & one project was awarded to a developer and for other projects, process is underway. These modern Silos with bulk handling facilities is a scientific way of storage of foodgrains and ensures better preservation of foodgrains.” 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 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 the private entities.
