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Wednesday, 06 March 19
KOREA SOUTHERN POWER CO INVITES BIDS FOR 980,000 MT OF 4600 NCV COAL FOR THREE YEARS
KOSPOCOALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calorific value coal for May - August, 2019 loading.
 
According to Bid Notice No. KOSPO-COAL-2019-ELT02 terms, Coal Producers, Marketing Companies owned by coal producers or Trading Companies are required offer 320,000 MT minimum 4,600 kcal/kg NCV coal on one single Fixed price (US$) FOBT Only.
 
Shipment Size
320,000MT (±10%) (80,000 x 4 Panamax) - per year
 
Shipment Period
1st year (May - August 2019)
2nd year (September 2019 - August 2020)
3rd year (September 2020 - August 2021)
 
Price
One single Origin & Fixed price (USD) based on FOBT
 
Quality 
Total Moisture (arb) Max. 43%
Volatile Matter (adb) Min 16 - Max 45%
Ash (adb) Max 10%
Total Sulfur (arb) Max 0.4%
Net Calorific Value Min. 4,600 Kcal/Kg minimum
Guaranteed Quality : NCV min. 4,600 - max. 4,900 Kcal/kg, Total Sulphur Max. 0.4%
 
Procurement Method
International e-tender
 
Bidder shall guarantee that each shipment of coal to be purchased by Buyer shall be entirely supplied from a single mine 
 
Bid closing date
13:00 March 8, 2019 (Korean Standard Time)
 
The Bid documents shall be submitted through the designated e-mail address (kospofuelbidding at kospo.co.kr) not later than the dead line.


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