First PPP rice silos to be commissioned in Nov
Financial Express Mumbai|October 23, 2023
THE COUNTRY'S FIRST silos for storing rice built undera private-public-partnership (PPP) model with the Food Corporation of India (FCI) will be commissioned next month
SANDIP DAS
First PPP rice silos to be commissioned in Nov

Two rice silos with combined capacity of 25,000 tonne have been built by the National Commodity Management Services Ltd (NCML) at Buxar and Kaimur in Bihar under the design-build-finance-operatetransfer model (DBFOT),according to a food ministry official.

This is part of the government's pilot project to set up steel silos for rice to prevent cereal wastage during storage. Officials said that technology for silos to store rice is still being developed, as at these facilities, the grain has to be stored at 15 degrees Celsius.

Though the country has silos for storing wheat, it is for the first time that a project for rice silos will be commissioned.

Silos are considered submandi yards, which allows the farmers to bring in their produce for procurement and reduces transportation costs.

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