Coal tender

Korea: KOSEP invites Bids for Purchase of Coal

Korea South-East Power (KOSEP) has invited bids through tender for purchase of 560,000 MT Coal on annual basis.

KOSEP, a subsidiary of KOPECO and one of the leading power producers in (Jinju) Korea, invites bid for two different tenders; both have equal quantity of 560,000 MT.

General conditions

  • Minimum quoted lot quantity should be 80,000 MT (for shipment from China, Indonesia & Russia)
    Or
    140,000 MT (for shipment from Australia, Canada, South Africa, USA, Colombia  etc) on FOBT price basis only
  1. Suppliers (Coal producers\marketing companies\trading companies) should have experience of supplying over 180,000 MT Coal to Steel/Power companies of Korea, Japan or Taiwan in the past 3 years
    Or
    Suppliers who have successfully supplied over 360,000 MT Coal to KOSEP since year 2001
    Or
    Have contractual performance for supply of over 2 MnT Coal to Steel/Power companies
  1. Supplied Coal should be from a single mine
  2. Bidders have to submit all relevant documents

Specification

Parameter

Value

NCV (ARB)

4,600/5,500 min

Moisture(Air dried basis)

15-30% max

Volatile Matter (Air dried basis)

22-36%

Fixed Carbon (Air dried basis)

17-20% max

Ash (Air dried basis)

20% max


Quantity & Delivery Period

Coal Specification

Annual Quantity

Delivery Period

Contract Period

NCV: 5,500

280,000 MT

Oct-Dec’14

1 Oct’14-30 Sep’17

NCV: 5,500

280,000 MT

Jan-Mar’15

1 Oct’14-30 Sep’17

NCV: 4,600

320,000 MT

Oct-Dec’14

1 Oct’14-30 Sep’17

NCV: 4,600

240,000 MT

Jan-Mar’15

1 Oct’14-30 Sep’17


Bid Submission Due Date:
11.00 hrs on 26 Aug, 2014 (Korean Standard Time)


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