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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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Thursday, 25 March 21
'OMNIBUS LAW' REGULATION ON INDONESIA’S ENERGY AND MINING SECTORS TO BOOST COAL PROCESSING BUT ALSO RAISES QUESTIONS - ABNR
February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (colloquially known as the ...
Thursday, 25 March 21
PROPOSED SWITCH FROM COAL TO LNG THREATENS RENEWABLE ENERGY DEVELOPMENT IN ASIA - IEEFA
Renewables offer an ever cheaper, financially sustainable and energy secure alternative, better able to support developing nations
A ...
Thursday, 25 March 21
MAJOR INVESTMENT ADVISORS BLACKROCK AND MEKETA PROVIDE A FIDUCIARY PATH THROUGH THE ENERGY TRANSITION - IEEFA
BlackRock and Meketa say divestment from fossil fuels improves, not weakens, investment returns
Two major financial management firms ...
Thursday, 25 March 21
EUROPE PASSES MILESTONE WITH HALF OF COAL PLANTS CLOSED OR SET TO RETIRE BY 2030 - EURACTIV
Half of Europe’s 324 coal-fueled power plants have either closed or announced a retirement date before 2030, it emerged on Monday (22 March) ...
Wednesday, 24 March 21
MARKET INSIGHT - INTERMODAL
Since the start of the pandemic, the shipping industry has efficiently responded to ensure the continuity of operations and hence the security of s ...
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- Africa Commodities Group - South Africa
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- Globalindo Alam Lestari - Indonesia
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- Orica Australia Pty. Ltd.
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
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- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
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- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
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- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
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- The University of Queensland
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- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
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- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
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- Coalindo Energy - Indonesia
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- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
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- Directorate Of Revenue Intelligence - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
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- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
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- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
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- Attock Cement Pakistan Limited
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- Romanian Commodities Exchange
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- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
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- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Wilmar Investment Holdings
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- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
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- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
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- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
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- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
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- Planning Commission, India
- Ministry of Transport, Egypt
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- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Indonesian Coal Mining Association
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- Thiess Contractors Indonesia
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