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Friday, 09 July 21
KOREA SOUTH-EAST POWER CO., LTD. INVITES BIDS FOR 1.86 MILLION TONS OF COAL OF 5600 & 4000 NCV COAL FOR THREE YEARS
 COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 280,000 – 300,000 MT of Min.5,600 (TS: Max 0.6%) NCV coal and 320,000 MT of Min.4,000-Max.5,490 (TS: Max 0.45%) NCV coal for September-October, 2021 delivery for the 1st contract year.
The successful bidders except Russian origin shall be increased contract volume from CY2 to CY3 up to 150% the quantity offered for CY1. (Russian origin shall be increased up to 130%).
According to the bid notice no. KOEN-Coal-2021-LT10-11 terms and conditions, the bidders are required offer 280-300kt ±10% Min.5,600 NCV (TS: Max 0.6%) coal and 320kt ±10% Min.4,000-Max.5,490 NCV (TS: Max 0.45%) coal for CY1 : September - October, 2021 and delivery on one single fixed price on FOBT for CY1 (Only Cape).
Shipment Size
Min.5,600 NCV coal – 2 Capes
Min. 4,000 NCV coal – 4 Panamaxes
Price
One single Origin & Fixed price (USD) based on FOBT
Delivery Schedule
-CY1 : September-October, 2021
-CY2 : November 2021-October 2022 (Evenly Spread)
-CY3 : November 2022-October 2023 (Evenly Spread)
Quality Min.5,600 (TS: Max 0.6%)
Total Moisture (arb) Max. 28%
Volatile Matter (adb) Min 22 - 38
Ash (adb) Max 15%
Total Sulfur (arb) Max 0.6%
Net Calorific Value Min. 5600 Kcal/Kg minimum
Min.4,000-Max.5,490 (TS: Max 0.45%)
Total Moisture (arb) Max. 45%
Volatile Matter (adb) Min 22
Ash (adb) Max 12%
Total Sulfur (arb) Max 0.45%
Net Calorific Value Min. 4,000 - Max. 5,490 Kcal/Kg
Procurement Method
International e-tender
Bid closing date
10:30 A.M., 13th of July, 2021 (Korean Standard Time). The Bid including the price shall be bound as a firm offer and valid till KST 18:00 on 13th of July, 2021.
The Bid documents shall be submitted through the KOEN website not later than the dead line.
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Wednesday, 28 April 21
MARKET INSIGHT - INTERMODAL
Despite the current challenges as a result of the global pandemic, 2021 is turning out to be a landmark year for the iron ore market with spot pric ...
Monday, 26 April 21
CHINA TO FURTHER CUT COAL USE IN 2021 - XINHUA
China aims to reduce the share of coal in its energy mix to less than 56% this year, according to a guideline released by the National Energy Admin ...
Wednesday, 21 April 21
COAL FINANCING COSTS HAVE SURGED IN PAST 10 YEARS - UNIVERSITY OF OXFORD - THE GUARDIAN
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy p ...
Tuesday, 20 April 21
US DOLLAR LIBOR TRANSITION IN ASSET FINANCE - WHERE ARE WE NOW? - WATSON FARLEY & WILLIAMS
Since our last article, there has been a raft of regulatory and market body announcements relating to the transition away from LIBOR and the follow ...
Sunday, 18 April 21
INDONESIA LIKELY TO WITNESS 119 OIL AND GAS PROJECTS STARTS ACROSS VALUE CHAIN BY 2025, SAYS GLOBALDATA
Indonesia is expected to witness 119 oil and gas projects commencing their operations across value chain during 2021-2025, accounting for 6% of the ...
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- Global Business Power Corporation, Philippines
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- Standard Chartered Bank - UAE
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- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
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- MS Steel International - UAE
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- Jindal Steel & Power Ltd - India
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- TNB Fuel Sdn Bhd - Malaysia
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- SMC Global Power, Philippines
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- Larsen & Toubro Limited - India
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- Parliament of New Zealand
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- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
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- Timah Investasi Mineral - Indoneisa
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- CNBM International Corporation - China
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- Directorate Of Revenue Intelligence - India
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- Binh Thuan Hamico - Vietnam
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- Bukit Baiduri Energy - Indonesia
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- CIMB Investment Bank - Malaysia
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- Star Paper Mills Limited - India
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- Metalloyd Limited - United Kingdom
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- Xindia Steels Limited - India
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- Chamber of Mines of South Africa
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- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
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- Semirara Mining Corp, Philippines
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- India Bulls Power Limited - India
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- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- VISA Power Limited - India
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
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- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
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- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
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- Planning Commission, India
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
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- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- White Energy Company Limited
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- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
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- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
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- Meenaskhi Energy Private Limited - India
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- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Posco Energy - South Korea
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- PowerSource Philippines DevCo
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