Korea: KOSPO Invites Tender for Purchase of 480,000 MT Coal

Korea Southern Power Co Ltd (KOSPO) has published a tender for purchase of steam coal of quantity 480,000 MT. This requirement is for Samcheok Green Power Plants, South Korea. Bidders are requested to offer minimum 160,000 MT quantity in lots of 80,000 MT.

The loading of the shipment is scheduled on Oct’16-Nov’16 and the price terms shall be in one single fixed number (USD) FOBT basis. The offer will be valid for the period of 3 business days from the date of tender closing. KOSPO can request the bidder to extend validity period of bid, if necessary.

Each shipment of the coal supplied by the bidder shall be entirely from single mine with the annual production record of minimum 10 MnT.

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): 43% max.
Fixed carbon (Air dried basis): 60% max.
Ash (Air dried basis): 4.5% max.
Net calorific value (As received basis): 3,700 kcal/kg min.
Ash fusion temperature: 1,050°C

Due date

The due date for bid submission is 17 Aug’16 up to 14:00 hrs (Korean Standard Time).


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