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Utility stores to acquire 70,000 tons sugar ahead of Ramadan

Utility Stores Corporation (USC)

Islamabad, January 12, 2024 : Utility Stores Corporation (USC) has announced to procure some 70,000 tons sugar to ensure uninterrupted supply of the essential commodity during Ramadan.

Bids for the supply of sugar have been welcomed from interested parties until January 30, with the tender opening on the same day.

Despite having a one-month sugar stock, Utility Stores Corporation is acquiring an additional 70,000 tonnes to ensure ample availability during the holy month of Ramzan Sharif.

In November, Utility Stores Corporation (USC) acquired 40,000 metric tonnes of sugar at Rs124.90/kg through a tender issued the previous month.

Sources indicate that this procurement came at a reduced rate of Rs10.37/kg compared to the corporation’s prior tender. After factoring in additional expenses, the total cost for the sugar is expected to be Rs138 for the Utility Stores Corporation.

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