The tender, issued on Saturday, covers 1.5 million tons for delivery via India’s west coast, with an additional 1 million tons planned through the east coast, according to a document published on the company’s website. Shipments are expected to depart load ports by June 14, while bids must be submitted by April 15.

India, the world’s largest importer of urea, routinely relies on global tenders to meet domestic demand, particularly ahead of the June monsoon season when sowing of crops such as rice, corn and soybeans begins.

Fertiliser availability is critical for the agriculture sector, which remains a key component of the country’s economy.The Gulf region accounts for between 20% and 30% of India’s urea imports and roughly half of its liquefied natural gas supplies, a key feedstock for domestic urea production, according to Aparna Sharma, additional secretary in the Department of Fertilisers.

Disruptions linked to the Middle East conflict have constrained gas availability, leading to a drop in local output last month, although supplies have improved in recent weeks, she said.

A Mumbai-based industry official said domestic urea production declined by around 600,000 to 700,000 tons per month during the disruption, with imports expected to partially offset the shortfall.

However, limited global surplus due to supply constraints in the Middle East may affect participation in the tender and influence pricing, the official added.In a previous tender in November, Indian Potash Limited secured urea at $418.40 per tonne on a cost-and-freight basis.

Prices have since risen amid the conflict, and market participants expect the current tender to serve as a pricing benchmark for other buyers in the global fertiliser market.

The cabinet has ordered a 30% reduction in fuel and electricity consumption across government offices, alongside suspending certain staff training programs and halting the procurement of new vehicles, ships and aircraft. Decorative lighting for public celebrations has also been banned as part of broader conservation efforts.

Authorities said shopping malls and retail outlets would close earlier than usual, while office timings have been curtailed to limit overall energy demand in the country of more than 170 million people.

The measures come as Bangladesh grapples with heavy reliance on imported energy, which accounts for approximately 95% of its fuel needs. Officials are seeking alternative energy sources and arranging $2.5 billion in external financing to sustain essential imports.

The crisis has been exacerbated by global energy market volatility linked to ongoing geopolitical tensions, putting pressure on the country’s foreign exchange reserves and raising concerns over energy security.