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Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
KOMIPOCOALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000  MT of  Bituminous Coal to be used at Korean Genco’s Power Plants.
 
According to the bid notice No. Bid Notice No. K.Genco-COAL-2020-JT-10  terms and conditions, the bidders are required offer One single fixed FOBT price basis.
 
Total Quantity
715,000 (±10%) (5 Capes)
 
Shipments 
Min. 5,700kcal/kg (TS: 0.8% Max) (5 Cape) +/- 10% Shipping Tolerance
 
Shipping Schedule
Australian & Canadian Port: December, 2020 : 5 shipments
Other Port: In this case, Gencos can designate the month of shipments. 
 
Origin
The coal to be delivered shall be entirely supplied from a single mine.
 
Price Basis
One single fixed price (USD) based on FOBT 
 
Quality
Total Moisture (arb) : Max. 15
Volatile Matter  (adb) : 22-38%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value  (arb) : Min 5,700 kcal/kg
 
Payment Terms
Telegraphic Transfer(T/T) payment basis only
 
Restrictions
New bidders are not allowed to attend this tender
Russian, Indonesian, Chinese coal are not allowed to participate
 
Procurement Method
International e-tender
 
Submission of Bid Documents
The Bid Documents shall be submitted by designated e-mail below not later than the deadline. E-mail : mh.lee @ komipo.co.kr and tulip777 @ komipo.co.kr
 
Bid closing date
10:00 hrs on 22 October, 2020 (Korean Standard Time).


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