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TCP extends date for lifting cotton to Feb 2
28
Jan '09
After a meeting held on this Monday, between Pakistan Cotton Ginners Association (PCGA) and stakeholders with Minister for Textile, Rana Farooq Saeed Khan, Trading Corporation of Pakistan (TCP) has decided to further extend the date of tender for lifting 100,000 cotton bales.

Chaudhry Muhammad Akram Jatt, Chairman Pakistan Cotton Ginners Association (PCGA), told Fibre2fashion.com, “Yes, TCP has extended the date of tender for lifting cotton to February 2, which was January 27 earlier.”

Speaking on the reasons for this delay, he said, “Pakistan Cotton Ginners Association (PCGA) want to take part actively in this bidding and PCGA was busy with some assignment, so it is extended. Now only registered ginners will participate in the tender bid.”

Sources from TCP mentioned that minimum lot of 2000 cotton bales mention earlier in the tender is now extended to 5000 bales.

In this regard Chairman of PCGA said that minimum quantity of cotton bale may be 1000 bales only so that every small ginning unit is able to take benefit of the bidding process and TCP did agree for the same.

Fibre2fashion News Desk - India

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