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Saturday, 23 May 20
EWP INVITES BIDS FOR 840,000 METRIC TONS OF MIN 5700 NAR COAL
EWPCOALspot.com: South Korea’s Korea East-West Power Co. Ltd (EWP) has Issued an International Tender for total Max 840,000 Metric Tons of min 5700 NAR coal. 
 
According to the bid notice EWP-COAL–2020–LT01 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. 
 
Quantity
140kt-420kt (1st year)
280kt-840kt/year (2nd to 3rd year). 
 
Shipment Size
Cape size
 
1st year Delivery Period Loading Basis
Russia, Australia Aug.2020 - Sep.2020
South Africa, Colombia Aug.2020- Oct.2020
 
The 2nd and 3rd contract year Loading Basis
Oct-Nov 2020 to Sep-Oct 2022
 
Price Basis
One single Fixed Price On FOBT For CY1
 
Quality (based on ASTM standards)
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
 
Procurement Method
International e-tender
 
Bid closing date
10:30 AM, 26th May, 2020 (Korean 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, Corporate Partnership & Procurement Division, Korea East-West Power Co. Ltd., 395, Jongga-ro, Jung-gu, Ulsan, 44543, Korea or coalbidding at ewp.co.kr


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