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Thursday, 24 September 20
KOREA MIDLAND POWER TO BUY 1.92 MILLION TONS OF 4,300-4,700 NCV COAL FOR THREE YEARS
 COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 640,000 MT 4,300-4,700 kcal/kg NCV coal per year.
According to the Bid Notice No. KOMIPO-Bid Notice-2020-LT07 terms and conditions, the bidders are required offer 8 Panamax shipments of coal during November 2020 to Q3 2021.
Loading Schedule
1st shipment – November 2020
2nd shipment – December 2020
3 – 8th shipments – Q4,2020 - Q3,2021
CY2~CY3 - Q4,2021~Q3,2023 (Evenly spread_
Bidders should propose Two (1st and 2nd) shipment for CY1(2020) Shipment at one single fixed price
The shipment size must be at least 80,000MT, with a gearless vessel.
Price
One single fixed FOBT Price
Payment Terms
Telegraphic Transfer(T/T) payment basis only.
Quality
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-45%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.2%
Net Calorific Value (arb) : Min 4,300 - Max 4,700 kcal/kg
Restriction
New bidders are not allowed to attend this tender
Procurement Method
International e-tender
Bid closing date
10:00 AM, September 29, 2020 KST
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Tuesday, 22 December 20
INDIA'S COAL DEMAND IS SET TO EXPAND DESPITE PLUMMETING IN 2020 - IEA
Coal consumption in India amounted to 979 Mt in 2019, with the largest share being thermal coal (including lignite) for electricity generation (687 ...
Tuesday, 22 December 20
SOUTHEAST ASIA'S COAL DEMAND IS SET TO EXPAND AFTER THE PANDEMIC-INDUCED HIATUS IN 2020 - IEA
Coal consumption in Southeast Asia has more than doubled in the last decade, with the largest growth in Indonesia and Viet Nam, followed by Malaysi ...
Tuesday, 22 December 20
COAL DEMAND IS RISING QUICKLY IN PAKISTAN AND MORE SLOWLY IN BANGLADESH - IEA
Pakistan had 150 MW of installed coal power capacity in 2015. Since 2017, in addition to a few small plants for industry, Pakistan has commissioned ...
Tuesday, 22 December 20
AFRICA PERSPECTIVE INDICATES NO MAJOR SHIFTS FOR COAL CONSUMPTION - IEA
Overall countries on the African continent consumed 197 Mt of coal in 2019, 12 Mt less (-6%) than 2018.
South Africa, the continent& ...
Monday, 21 December 20
COAL PRICES WITHSTAND DESPITE COVID-19 AND CHINESE IMPORT QUOTAS - IEA
Coal prices vary by region as well as by grade and quality. The price rebound starting in 2016 ended in 2018, moving in a downward trend in 2019. A ...
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- Thiess Contractors Indonesia
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