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Saturday, 05 June 21
KOMIPO INVITED 5600 NAR COAL OFFERS FOR THREE YEARS SUPPLY; 520,000 MT PER YEAR
IEEFACOALspot.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-LT05 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
 
Total Quantity
520,000mt per year (130,000mt*4 Capesize)
 
Shipments 
Min. 5,600kcal/kg (TS: 0.8% Max) (4 Cape) +/- 10% Shipping Tolerance
 
Shipping Schedule (Loading Basis)
For South African, North American, West Russian Coal
[CY1] 1st : August, 2021; 2nd : September, 2021; 3rd~4th : Q4,2021~Q2,2022
[CY2~CY3] Q3,2022~Q2,2024, Evenly spread
 
For Columbian Coal
[CY1] 1st : July, 2021;2nd : August, 2021; 3rd~4th : Q4,2021~Q2,2022
[CY2~CY3] Q3,2022~Q2,2024, Evenly spread
 
Origin
South Africa, North America, West Russia or Columbia
 
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. 0.8%
Net Calorific Value  (arb) : Min 5,600 kcal/kg
 
Payment Terms
Telegraphic Transfer(T/T) payment basis only
 
Restrictions
New bidders are not allowed to attend this tender
Australian Coal Not Allowed
 
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 : jsh3143@komipo.co.kr and tulip777@komipo.co.kr
 
Bid closing date
10:00 hrs on June 8, 2021 (Korean Standard Time).


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