COALspot.com: Korea Midland Power Co., Ltd (KOMIPO), has issued an international tender for total 840,000 of Bituminous Coal to be used at Boryeong & Shin Boryeong Power Plants.
According to the bid notice No. Bid Notice No. KOMIPO-Bid Notice-2020-LT05~06 [High & Low Calorific Value Coal] terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Total Quantity
840,000 (±10%) (4 Panamaxes & 4 Capes)
Shipping Schedule
LT05 HCV Coal
Min. 5,700 kcal/kg (4 Cape) +/- 10% Shipping Tolerance
[CY1]
1st shipment : Sep, 2020
2nd shipment: Oct, 2020
3rd & 4th shipments: Q4,2020-Q2,2021
[CY2]
Q3,2021~Q2,2022 Evenly spread
[CY3]
Q3,2022~Q2,2023 Evenly spread
[LT06] LCV Coal (Single Mine Only)
4,600~4,999 kcal/kg - (4 Panamaxes * 80,000 MT) +/- 10% Shipping Tolerance
[CY1]
1st shipment : Sep, 2020
2nd shipment : Oct, 2020
3rd & 4th shipments : Q4,2020~Q2,2021
[CY2]
Q3,2021~Q2,2022 Evenly spread
[CY3]
Q3,2022~Q2,2023 Evenly spread
Price Basis
One single fixed price (USD) based on FOBT
Quality
LT05 HCV : Min 5,700 kcal/kg & TS: 0.8% Max
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
LT06 LCV : 4,600 - 4,999 kcal/kg & TS: 0.5% Max
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-45%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.5%
Net Calorific Value (arb) : Min 4,600 Max 4,999 Kcal/kg
Restrictions
New bidders are not allowed to attend this tender
Procurement Method
International e-tender
Submission of Bid Documents
The Bid Documents shall be submitted by designated e-mail not later than the deadline. E-mail : mh.lee @ komipo.co.kr and tulip777 @ komipo.co.kr
Bid closing date
10:00hrs July 27, 2020, (Korean Standard Time).
