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Friday, 18 May 12
KOREA EAST WEST POWER LOOKING FOR TOTAL 2.6 MILLION TONS OF 4600 NAR COAL AT FIXED PRICE FOR 5 YEARS


COALspot.com - Korea East West Power Co., Ltd is inviting bids to supply of 520,000  Metric Tons (per annum) of minimum 4,600 kcal/kg coal of NAR bases for its Dangjin Power Plant. The total quantity requested to offer 2.6 million tons of coal for five years.

520,000 Mt of ton per annum to be delivered by 65,000 Mt X 8 vessels or 130,000 Mt X 4 vessel per annum. August 2012 to July 2013 for the 1st contract year (evenly spread) for Dangjin Power Plant.

Bidders are requested to offer in lots of 65,000 to 70,000 MT (for shipment from China, Indonesia, Russia) or 130,000 MT (for shipment from Australia, Canada, South Africa, USA, Columbia and etc.) one single fixed price (U$) in FOBT basis only.

Total Moisture (TM) 28% max, Volatile Matter (adb) 22-45%, Ash (adb) 10% max, Total Sulfur (adb) 1% max, calorific value (NCV) Min 4600 kcal/kg min and Ash Fusion Temperature IDT (Reducing Atmosphere) Min. 1,150.

Coal Producers, Marketing Companies owned by coal producers or Trading Companies who have had more than 200,000MT/year performance record of long-term (more than one (1) year) coal supply contracts with power generation companies (or electric power companies) or steel mills of Korea, Japan, or Taiwan in the last three (3) years (from the bid closing date), or who have any contractual performances of more than one (1) million tons of coal with power utilities or steel mills in the world for last three (3) years (from the bid closing date) are qualified to bid this short term tender.

The Bid documents must be submitted not later than 11:00 a.m., May 23th, 2012 to Korea East West Power Co., Ltd. 14th Floor, Dukmyung Bldg., 170-9, Samsung-dong, Gangnam-gu, Seoul, 135-791, Korea.



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