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Sunday, 10 January 21 KOREAN GENCOS INVITED BIDS FOR TOTAL 880,000 TONS OF COAL FOR MARCH 2021 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), on behalf of EWP, KOSPO, KOSEP and KOWEPO issued an international tender for total 880,000 MT of Coal to be used at Korean Genco’s Power Plants.
According to the bid notice No. Bid Notice No. K.Genco-COAL-2021-JT01~JT02 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Total Quantity
880,000 (±10%) (3 Panamaxes & 5 Capes)
Shipping Schedule
JT01 HCV Coal
Min. 5,600kcal/kg (TS: 0.6% Max) 645,000 MT (5 Cape) +/- 10% Shipping Tolerance
JT02 LCV Coal
Min. 4,400 - 4,999 kcal/kg (TS: 0.5% Max) 235,000 MT (3 Panamaxes)
Delivery Period (In Loading port)
March 2021
Origin
[JT01] Austrailian Coal Only
[JT02] Not allowed from East Russia
Price Basis
One single fixed price (USD) based on FOBT
Quality
[JT01] HCV : Min 5,700 kcal/kg & TS: 0.8% Max
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min 5,600 kcal/kg
[JT02] LCV : 4,400 - 4,999 kcal/kg & TS: 0.8% Max
Total Moisture (arb) : Max. 45
Volatile Matter (adb) : Min 22%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.5%
Net Calorific Value (arb) : Min 4,400 Max 4,999 Kcal/kg
Payment Terms
Telegraphic Transfer(T/T) payment basis only
Procurement Method
International e-tender
Bid closing date
10:30 hrs on 14th of January, 2021 (Korean Standard Time).
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COALspot.com: Korea South-East Power Co., Ltd. (KOEN), on behalf of EWP, KOSPO, KOSEP and KOWEPO issued an international tender for total 880,000 MT of Coal to be used at Korean Genco’s Power Plants.
