Korea: KOWEPO Invites Tender for Purchase of 800,000 MT Steam Coal

Korea Western Power Company Limited (KOWEPO) has published a tender for the purchase of 800,000 MT steam coal for its TAEAN Power Plant, Korea. Deliveries of coal shall begin from December 2017 and shall continue thereafter for a period of Five years until January 2022.

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

LT-03

Min.5,700

kcal/kg

1st year

220,000MT +/-10%

(110,000MT +/- 10% × 2CGOs)

1st year

(‘17.12 ~ ‘18.1)

2nd year to 5th year

440,000MT +/-10%

(110,000MT +/- 10% × 4CGOs)

2nd year to 5th year

(‘18.2 ~ ‘22.1)

SP-01

Min.4,600

kcal/kg

70,000MT +/-10%

Shipping Schedule

FOB : December, 2017

CFR : By the end of

December

SP-02

 

Min.4,600

kcal/kg

70,000MT +/-10%

(New Bidder Only)

Shipping Schedule

CFR : By the end of

December

Specification:

Parameters

Value

LT-03

SP-01/SP-02

Total moisture (as received basis)

Max 15

Max 28

Ash (air dried basis)

Max 17

Max 17

Net calorific value (as received basis)

Min 5,700

Min 4,600

Ash fusion temperature

Min 1,200

Min 1,150

Note:
1. Chinese and Far East Russian coal are not allowed in LT-03.
2.Total Moisture is acceptable up to 18.5% max, if Ash content is equal to or less than 10%.
3.The quality of coal to be delivered shall be homogeneous.
4. When NCV is greater than 6,100kcal/kg, calorific bonus shall be applied up to 6,100kcal/kg

Due date (Korean Standard Time):
The due date for bid submission is 8 Sep’17 till 10:00 hrs

For contact details view tender section:
http://www.steelmint.com/tender/global-tender-for-purchase-of-steam-coal-8351


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