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Friday, 29 May 20
KOMIPO ON BEHALF FIVE KOREAN GENCOS INVITED COAL BIDS FOR 5,700 & 4999 NCV COAL FOR AUGUST 2020 LOADING
KOMIPOCOALspot.com: South Korea’s Korea Midland Power Co.,Ltd (KOMIPO) on behalf five (5) Korean Gencos has Issued an International Tender for total 915,000 mt  coal for August 2020 loading. 
 
According to the tender notice K.Genco-COAL-2020-JT-04~05 terms and conditions, the bidders are required offer 600,000 MT  of Min. 5,700 NCV (TS: 0.8% Max) coal and 315,000 MT of 4,400 ~ 4,999 NCV (TS: 0.8% Max) coal for August 2020 loading.
 
JT04 - Basic terms of Inquiry for HCV coal (Min 5,700 NCV)
 
Quantity
600,000 MT
 
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 coal are not allowed to participate
 
Shipment Size
4 Cape & 1 Panamax
 
Shipment Schedule
Australian & Canadian port - August, 2020 : 5 shipments
Other Port -  In this case, Gencos can designate the month of shipments.
 
JT05 - Basic terms of Inquiry for LCV coal (Min 4,600 - Max 4,999 NCV)
 
Quantity
315,000 MT
 
Shipment Size
Panamax
 
Shipment Schedule
Indonesian - August, 2020 : 4 shipments
Other Port - In this case, Gencos can designate the month of shipments.
 
Quality
Total Moisture (arb) : Max. 28
Volatile Matter  (adb) : 22-45%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.8%
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
 
Price Basis for all types of coal
One single fixed price (USD) based on FOBT 
 
Procurement Method
International e-tender
 
Bid closing date
10:00hrs on Friday 5 June, 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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