Centre to set up steel silos to store rice for a longer period
Steel

Centre to set up steel silos to store rice for a longer period

The central government will set up steel silos of 11 million tonne (mt) to store rice for one-two years longer and avoid cereal wastage without waiting for the result of a pilot project.

The Food Corporation of India (FCI) discussed this issue with the Food Minister during a video conference. The Managing Director of Lotus Harvestec Private Limited, Munishwar Vasudeva, said that initially, a minimum five mt capacity would be set to store rice.

These steel silos will be set up across 13 states in about 250 sites, with 5,000 tonne capacity. Vasudeva said that during the first phase, 45-47 site locations would be identified to set up these silos by December.

According to a statement, FCI has given a target to set up rice silos of 1.25 lakh tonne capacity, while the state has a target of 7.5 lakh tonne capacity.

Its pilot project is being executed by the National Collateral Management Services Limited (NMCL) at Kaimur and Buxar in Bihar. According to this, FCI is setting up joint wheat and rice silo complexes with 50,000 tonne capacity.

Both the sites will have three wheat silos of 12,500 tonne capacity each and four rice silos of 3,125 tonne capacity each. FCI will import wheat from other regions for distribution there, and rice will be procured locally and stored before use.

FCI has constructed 5.5 lakh tonne of wheat silos, while the target is to store 10 mt of wheat on a build, own and operate basis under private-public partnerships (PPPs). From this, FCI will own 2.9 mt, states will own 6.85 mt and the rest to the Central Warehousing Corporation.

FCI has received a recommendation from the panel to construct flat bottom silos, which will cost less and be easy to operate and maintain. It will cost 1.4 times the cost of constructing a wheat silo. Rice silos will cost more and additional cost for chilling the towers and providing more space.

Image Source

Also read: Steel demand in various industry sectors falls 5% in FY21

The central government will set up steel silos of 11 million tonne (mt) to store rice for one-two years longer and avoid cereal wastage without waiting for the result of a pilot project. The Food Corporation of India (FCI) discussed this issue with the Food Minister during a video conference. The Managing Director of Lotus Harvestec Private Limited, Munishwar Vasudeva, said that initially, a minimum five mt capacity would be set to store rice. These steel silos will be set up across 13 states in about 250 sites, with 5,000 tonne capacity. Vasudeva said that during the first phase, 45-47 site locations would be identified to set up these silos by December. According to a statement, FCI has given a target to set up rice silos of 1.25 lakh tonne capacity, while the state has a target of 7.5 lakh tonne capacity. Its pilot project is being executed by the National Collateral Management Services Limited (NMCL) at Kaimur and Buxar in Bihar. According to this, FCI is setting up joint wheat and rice silo complexes with 50,000 tonne capacity. Both the sites will have three wheat silos of 12,500 tonne capacity each and four rice silos of 3,125 tonne capacity each. FCI will import wheat from other regions for distribution there, and rice will be procured locally and stored before use. FCI has constructed 5.5 lakh tonne of wheat silos, while the target is to store 10 mt of wheat on a build, own and operate basis under private-public partnerships (PPPs). From this, FCI will own 2.9 mt, states will own 6.85 mt and the rest to the Central Warehousing Corporation. FCI has received a recommendation from the panel to construct flat bottom silos, which will cost less and be easy to operate and maintain. It will cost 1.4 times the cost of constructing a wheat silo. Rice silos will cost more and additional cost for chilling the towers and providing more space. Image Source Also read: Steel demand in various industry sectors falls 5% in FY21

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?