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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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Recent News

Thursday, 19 December 19
COAL POWER GENERATION CONTINUES TO DECLINE IN GERMANY: DESTATIS, XINHUA REPORTED
The volume of electricity generated in coal-fired power plants in Germany decreased “markedly” by 37 percent to 34 billion kilowatt-hou ...


Thursday, 19 December 19
BANGLADESH'S NBR CUTS VAT ON COAL IMPORT FOR POWER PLANTS - THE DAILY STAR
The National Board of Revenue (NBR) reduced value added tax on the import of coal for power plants to 5 percent from present 15 percent for five ye ...


Wednesday, 18 December 19
AVERAGE PRICES OF COAL IN 2018 WERE MORE THAN 60% HIGHER THAN IN 2016 - IEA
Coal use grew again in 2018.  Global coal demand increased by 1.1%, continuing the rebound that began in 2017 after three years of decline ...


Wednesday, 18 December 19
ASIA IS SET TO SUPPORT GLOBAL COAL DEMAND FOR THE NEXT FIVE YEARS - IEA
Press Release: Global coal demand is expected to decline in 2019 but remain broadly stable over the next five years, supported by robust growth in ...


Wednesday, 18 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we all know very well by now, the reduction in the maximum allowable sulphur content of marine fuels in 2020 is likely to have a massive impact ...


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