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Thursday, 12 December 19
KOWEPO INVITING BIDS FOR 2.28 MILLION TONS OF MIN.4,400 NCV COAL
KOWEPO LogoCOALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,280,000 tons of (Sub) Bituminous steam coal for 5 years for TAEAN Power Plant.
 
According to the bid notice no. KOWEPO-COAL-2019-LT-14 terms and conditions, the bidders are required offer on FOBT basis.
 
LT-14 (LCV)
Min.4,400 kcal/kg (TS : 0.5%max) NCV coal
 
Quantity
456,000 MT delivery [1st CY] 2Q - 3Q, 2020
1,824k MT +/-10% (456k MT+/-10% per each year) delivery [2nd CY to 5th CY] 1 Oct, 2020 - 30 Sep, 2024
 
Quality
Total Moisture (arb) : Max. 28
Volatile Matter  (adb) : 22-45%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.5%
Net Calorific Value  (arb) : Min 4,400 kcal/kg
 
Price (For 1st CY)
ICI3 Index linked Price on FOBT
 
Procurement Method
International e-tender
 
Bid closing date
14:00 PM, 16th December, 2019(KOWEPO Server’s Korea Standard Time)
 
The Bid documents shall be submitted by designated e-mail below not later than the deadline.E-mail : bidding@iwest.co.kr. The Bid documents which submitted by personal e-mail or a method other than those noted above shall not be accepted.


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