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Thursday, 21 May 20
KOMIPO INVITED BIDS FOR TOTAL 610000 MT OF LCV AND HCV COAL FOR 2H 2020
KOMIPOCOALspot.com: South Korea’s Korea Midland Power Co. Ltd. (KOMIPO) has Issued an International Tender for 130,000 mt of 5700 NCV coal  and 480,000 Mt of Min 4,600 - Max 4,999 NCV coal for Boryeong Power Plant & Shin Boryeong Power Plant.
 
According to the bid notice KOMIPO-bid notice-2020-SP03 & LT03 terms and conditions, the bidders are required offer 130,000 mt of 5700 NCV coal for July, 2020 loading and 480,000 Mt of Min 4,600 - Max 4,999 NCV coal for (CY1) July to December 2020 loading. 
 
Basic terms of Inquiry for HCV coal (Min 5,700 NCV)
 
Quantity
130,000 Mt
 
Shipment Size
Cape size
 
Quality
Total Moisture (arb) : Max. 15
Volatile Matter  (adb) : 22-38%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.8%
Net Calorific Value  (arb) : Min 5,700 kcal/kg
 
Restrictions
New bidders are not allowed to attend this tender
Russian, Indonesian, Chinese, Colombian coal are not allowed to participate
 
Basic terms of Inquiry for LCV coal (Min 4,600 - Max 4,999 NCV)
 
Quantity
CY1: 480,000 MT, CY2- CY3: 960,000 MT
 
Shipment Size
6 Panamaxes : 80,000 MT (The shipment size must be at least 80,000MT, with a gearless vessel)
 
Quality
Total Moisture (arb) : Max. 28
Volatile Matter  (adb) : 22-45%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value  (arb) : Min 4,600 - Max 4,999 Kcal/kg
(The coal to be delivered shall be entirely supplied from a single mine)
 
Restrictions
New bidders are not allowed to attend this tender
Russian, Chinese coal are not allowed to participate.
 
Loading Schedule
CY1 1st shipment : July, 2020 & Shipments 2-6 : Q3~Q4, 2020
CY2-CY3 : Evenly spread
 
Basic terms of Inquiry for Both types of Coal
 
Price Basis
One single fixed price (USD) based on FOBT 
 
Procurement Method
International e-tender
 
Bid closing date
13:00 Hrs on May 28, 2020] (Korean Standard Time). 

The Bid Documents must be delivered in person, by mail or courier to the address below to arrive by no later than the Bid Closing Date  to Mr. You Shin Kim/ General Manager / Fuel Management Team, 1st floor Information Desk, Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea


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