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Tuesday, 30 July 13
KOMIPO INVITES BIDS FOR 520,000 MT OF 5,700 KCAL/KG COAL ON NAR BASIS FOR H1, 2014


COALspot.com : Korea Midland Power Co., Ltd. has invited bids for 520,000 Metric Tons (MT) of coal with calorific value 5,700 kcal/kg on NAR basis for its Boryeong plant.

According to tender terms, bidders are requested to offer quotation in a single fixed price up to feasible amount of coal in lots of 130,000 MT (+/-10%) indicating preferred laycan within January - June 2014.

The minimum quantity that a Bidder can offer is restricted to minimum 130,000 MT (+/-10%).

Bidders are requested to guarantee, the each shipment of coal to be offered by bidders shall be entirely supplied from a single mine in Australia, South Africa, USA, Canada or Colombia.

According to KOMIPO's tender the total moisture (TM) of coal should not more than 15% on as received basis & Ash content should not more than 17% on air dry basis. The total sulphur of coal on air dry basis should not exceeds 1% and Ash Fusion Temperature (IDT) (Reducing Atmosphere) should not lesser than 1200.

The terms of tender is saying that, the Bidder’s bid proposal shall be bound as a firm offer and valid for a period of at least five (5) calendar days after the bid closing date. KOMIPO may request the bidder to extend the validity period of the bid proposal, if necessary.

The Bid documents to require submitting on or before 14:00 hrs  on August 6, 2013 (Korean Standard Time).



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Tuesday, 09 July 13
COAL PRICE REMAINS SLUGGISH - TRIMEGAH
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