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Tuesday, 04 August 20
KOEN INVITED BIDS FOR TOTAL 900K MT OF MIN 5600 NCV COAL FOR 3 YEARS
KOEN KoreaCOALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 260,000 to 300,000 Tons (MT) min. 5600 NCV coal for October - November 2020 loading
 
According to the Bid Notice No. KOEN-Coal-2020-LT10, the bidders are required offer 2 Cape size shipment parcels of Min. 5,600 NCV coal with TS :Max 0.8% and IDT:Min.1,350℃ coal for October-November, 2020 loading. 
 
Shipment Size
Cape size
 
Quanitity
260,000 to 300,000 Tons each CY
 
Loading Schedule
1st year - October-November, 2020 (Evenly Spread)
2nd year - December 2020 - November 2021 (Evenly Spread)
3rd year - December 2021~November 2022 (Evenly Spread)
 
Price
One single Origin & Fixed price (USD) based on FOBT 
 
Restrictions: 
Australian Coal Only
 
Quality
Total Moisture (arb) : Max. 28
Volatile Matter  (adb) : 22-38%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.8%
Net Calorific Value  (arb) : Min. 5600 kcal/kg
 
Procurement Method
International e-tender
 
Bid closing date
10:30 10th of August, 2020  (Korean Standard Time). Submission time of bid documents shall be decided only according to the uploading time at Buyer's server system.
 
Validity Period of the Bid
till KST 18:00 on 10th of August, 2020 (Korea Standard Time)


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