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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