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
- 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
- Supplied Coal should be from a single mine
- 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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