Korea: KOSPO Invites Tender for Purchase of 222,000 MT Coal

Korea Southern Power Co Ltd (KOSPO) has published a tender for purchase of steam coal of quantity 222,000 MT for Hadong Power Plants, South Korea. Bidders are requested to offer 222,000 MT quantity per year in lots of 74,000 MT on FOBT basis. The total contract period is of 3 years starting from Jan’17.

The supply of the shipment for the year 2017 is scheduled from Jan’17 to Mar’17 and the price terms shall be one single fixed number (USD) FOBT basis.

The offer given by the bidder shall be valid for the period of 3 business days from the date of tender closing. Although KOSPO can request the bidder to extend validity period of bid, if necessary.

Upon request by KOSPO, bidder shall provide relevant supporting documents including certificates, issued by the relevant authorities of the exporting country,
to demonstrate the legal status and current situation of the coal mine from which the coal would be supplied.

Specification

Total moisture (As received basis): 28% max
Fixed carbon (Air dried basis): 60% max
Ash (Air dried basis): 17% max
Net calorific value (As received basis): 4,600 kcal/kg min
Ash fusion temperature: 1,100°C

Note: Russian coal will not be allowed.

Due date

The due date for bid submission is 3 Nov’16 at 14:00 hrs (Korean Standard Time).


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