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Thursday, 27 May 21
KOMIPO INVITED BIDS FOR 1.56 MILLION TONS OF BITUMINOUS COAL
/KOMIPOCOALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of  Bituminous Coal to be used at Boryeong & Shin Boryeong Power Plants for three years.
 
According to the bid notice no.: KOMIPO-Bid Notice-2021-LT04 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
 
Total Quantity
520,000  (±10%) (4 Capes) per year
 
Shipments 
Min. 5,700kcal/kg (TS: 0.8% Max) (5 Cape) +/- 10% Shipping Tolerance
 
Shipping Schedule
[CY1] :1st, : August, 2021; 2nd : September, 2021; 3rd~4th: August, 2021~July, 2022
[CY2] : August, 2022~July, 2023 Evenly spread
[CY3] : August, 2023~ July, 2024 Evenly spread
 
Origin
Australian coal only 
 
Price Basis
One single fixed price (USD) based on FOBT 
 
Quality
Total Moisture (arb) : Max. 15
Volatile Matter  (adb) : 22-38%
Ash (adb) : Max. 18%
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
 
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
11:00 hrs on 28 May, 2021 (Korean Standard Time).


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