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Monday, 09 March 20
KOREA EAST-WEST POWER INVITED BIDS FOR 150,000 MT OF MIN 4,400 - MAX 5,499 NAR COAL
Korea East-West Power  LogoCOALspot.com: KOREA EAST-WEST POWER CO. LTD. of South Korea has issued an international tender for total 150,000 MT of LCV coal for May – June 2020 loading for EWP Power Plants 

According to the bid notice No. EWP-COAL–2020–SP01 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
 
Quantity
150,000 MT (2 Panamax)
 
Shipping Schedule
May - June, 2020
 
Quality
Total Moisture (arb) : Max. 40
Volatile Matter  (adb) : 22-45%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 1%
Net Calorific Value  (arb) : Min 4,400 Max 5,499 kcal/kg
 
Note
- Single Mine Only
- In the case of Indonesian coal, the certificates of determination of quantity and quality should be issued by an international Independent Inspection Agency which will be selected by the Buyer. The cost shall be borned by the Buyer.
- In case of Indonesian coal, the Seller shall undertake marine insurance at its own cost.In the event the Regulation No.80 Year 2018 and its Technical Guidelines No.02/Daglu/Per/1/2019 issued by the Indonesian Minister of Trade(MOT) is enforced. Any lay-time used or all costs occurred due to failure of Seller to comply with such Regulation and caused delay in customs clearance/ vessel sailing shall be on account of Seller.
- Submitting MSDS (Material Safety Data Sheet) is required before payment.
 
Procurement Method
International e-tender
 
Bid closing date
10:00 hrs on February 26, 2020 (Korea Standard Time)
 
The Bid documents shall be submitted and arrive in person, by mail or courier or by e-mail to the address below not later than the deadline.
 
Ki-Sung Hong / Managing Director, Procurement Division, Korea East-West Power Co. Ltd., 395, Jongga-ro, Jung-gu, Ulsan, 44543, Korea or coalbidding@ewp.co.kr
 
The Bid documents which are not completely sealed or submitted by a method other than those noted above shall not be accepted. If the bidder submits the bid documents by e-mail, the documents shall be locked. The bidder shall notify the password set up the subject documents by e-mail (coalbidding@ewp.co.kr) within 30 minutes after bid closing time.


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