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Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
KOENCOALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June 2020 loading.
 
According to the bid notice No. ITB no.(Bid Notice no) KOEN-Coal-2020-SP03~05 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
 
Quantity
SP03 (HCV): Min.5,600 (TS: Max 0.8%) NCV Coal - 150kt±10% (1 Cape)
SP04 (LCV): Min.4,400~Max.4,800 (TS:Max 0.6%) NCV Coal - 160kt±10% (2 Panamax) 
SP05 (ULCV): Min.3,700~Max.4,000 (TS:Max 0.4%) NCV Coal - 80kt±10% (1 Panamax)
 
Shipping Schedule
SP03 (HCV): May, 2020 (South Africa Only) or May 2H-June 1H (Colombia and West Russia only) 
SP04 (LCV): May, 2020 (Single Mine Only)
SP05 (ULCV): May, 2020 (Single Mine Only)
 
Quality
SP03 (HCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter  (adb) : 22-38%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value  (arb) : Min 5,600 kcal/kg
 
SP04 (LCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter  (adb) : Min. 22%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value  (arb) : Min. 4,400-Max. 4,800 kcal/kg
 
SP05 (ULCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter  (adb) : Min. 22%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 1%
Net Calorific Value  (arb) : Min. 3,700-Max. 4,000 kcal/kg
 
Restriction
SP03 (HCV): Not allowed from Indonesia, Australia, North America and East Russia
 
Procurement Method
International e-tender
 
Bid closing date
10:30 A.M. KST on 19th of March, 2020. (Korea Standard Time). The Bid documents shall be submitted through the KOEN website not later than the dead line


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