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Wednesday, 13 July 22
KOWEPO TO IMPORT 2.79 MILLION TONS OF LOW TO MEDIUM COAL
KOWEPOCOALspot.com: Korea Western Power Co., Ltd. (KOWEPO) has issued an International tender for Total 1360k MT of Min.4400 kcal/kg NCV coal and Total 1430k MT of Min.5000 kcal/kg NCV coal for five  years from September 2022. 
 
According to the Bid Notice No. KOWEPO-COAL-2022-LT-6,7 terms and conditions, the bidders are required offer 80k MT of 4400 NAR coal and 110k MT of 5000 NAR coal for September 2022 to October 20, 2022 loading.
 
LT6 
Quality
Min. 4,400 kcal/kg NAR
 
Quantity
[CY1] 80kt × 1 cargo
[CY2 to CY 5] 320kt +/-10%  per each year
 
Loading Schedule (CY1)
- Indonesian ports : 20 Aug - 10 Sep, 2022
- Australian & Canadian ports : 1-20 Sep, 2022
- RSA : 5 - 25 Sep, 2022
- Colombian ports : 1 - 20 Oct, 2022
* Not allowed from Russian ports
 
Loading Schedule (CY2- CY5)
1 January, 2023 - 31 December, 2026
 
LT7 
Quality
Min. 5,000 kcal/kg NAR
 
Quantity
[CY1] 110kt × 1 cargo
[CY2 to CY 5] 330kt +/-10% per each year
 
Loading Schedule (CY1)
- Indonesian ports : September, 2022
- Australian & Canadian ports : September, 2022
- RSA : 20 Sep - 20 Oct, 2022
- Colombian ports : 20 Oct - 20 Nov, 2022
* Not allowed from Russian ports
 
Loading Schedule (CY2- CY5)
1 January, 2023 - 31 December, 2026
 
Price Basis
One single fixed price (USD) based on FOBT  CY1. (CY2 ~ CY5) will be determined by mutual agreement of the buyer and seller.
 
Restriction
Chinese coal and Russian coal are not allowed to participate in this tender.
 
Procurement Method
International e-tender
 
Bid closing date
10:00 AM, 19 July, 2022  (KOWEPO Server’s Korea Standard Time). The Bid documents shall be submitted by designated e-mail (bidding@iwest.co.kr) not later than the bid closing date and time


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