Korea: KOWEPO Invites Tender for Purchase of 1.33 MnT Steam Coal

Korea Western Power Company Limited (KOWEPO) has published a tender for the purchase of 1.33 MnT steam coal for its TAEAN Power Plant, Korea. Deliveries of coal shall begin from February 2018 and shall continue thereafter for a period of Five years until March 2022.

Note: The prices for the remaining Contract Years (CY2 ~ CY5) shall be determined by mutual agreement of the both parties

Quantity and Shipping Schedule:

No

Spec

(NCV)

Quantity

Contract Period

Price

LT-04

(Spec.A)

Min.5,700

kcal/kg

1st year

220,000MT +/-10%

(110,000MT +/- 10% × 2CGOs)

1st year

(‘18.2 ~ ‘18.3)

One Single Fixed Price FOBT

2nd year to 5th year

550,000MT +/-10%

(110,000MT +/- 10% × 5CGOs)

2nd year to 5th year

(‘18.4 ~ ‘22.3)

LT-05

(Spec.C)

Min.4,600

kcal/kg

1st year

160,000MT +/-10%

(80,000MT +/- 10% × 2CGOs)

1st year

(‘18.2 ~ ‘18.3)

One Single Fixed Price FOBT

2nd year to 5th year

400,000MT +/-10%

(80,000MT +/- 10% × 5CGOs)

2nd year to 5th year

(‘18.4 ~ ‘22.3)

Specification:

Technical Parameters LT-04(Spec.A) LT-05(Spec.C)
Total Moisture (As received basis) Max 15% Max 28%
Total Sulphur (As received basis) Max 1.0% Max 0.6%
Net Calorific Value  (As received basis) Min 5,700 Min 4,600
Ash Fusion Temperature Min 1,200 Min 1,150

Note:
1. Russian coal are not allowed.
2. The quality of coal to be delivered shall be homogeneous.
3. The difference between the guaranteed NCV and the limit of range for NCV shall be less than 100kcal/kg (within 100kcal/kg)
4. Shipment Size & Delivery Term LT-04 : Mini-Cape (110,000mt) on FOBT basis only and LT-05 : Kamsarmax( 80,000mt) on FOBT basis only.

Due date (Korean Standard Time):
The due date for bid submission is 30 Nov’17 till 10:00 hrs

For Contact and Other Details CLICK HERE

 


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