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Tuesday, 22 October 13
KOWEPO INVITED BIDS FOR MULTI GRADE COAL


COALspot.com - Korea Western Power Co., Ltd. (KOWEPO), a Korean electricity generator intends to procure 240,000 tons of multi grade coal for its Taean Power Station. According to bid notice, KOWEPO-COAL-2013-SP-03, bidders are required to submit the bids on or before 11:00 AM, 22nd October, 2013. (Korean standard time).

110,000 MT of coal with the calorific value 5,700 kcal/kg on NCV basis required to load by baby cape size (110,000mt +/- 10% shipping tolerance) vessel on FOBT basis. The inquiry was required the coal can be loaded from Australian ports (Abbot Point, DBCT, Gladstone, Newcastle or Port Kembla) or Canadian ports (Roberts Bank or Prince Rupert) or from Richards Bay, South Africa. Bidders are free to offer coal from neither from Australia, South Africa nor Canada.

The load port laycan has fixed for Australian and Canadian ports between 6th January to 25 January 2014 and for RBCT South Africa between16th January - 5th February 2014.

An another 70,000 MT of coal with the calorific value minimum 5,100 kcal/kg on NCV basis required to load by Panamax ship between 1 - 20 January 2014 and 4,600 kcal/kg on NCV basis required to load between 6th- 25th February, 2014.

However the new bidders are required to offer coal with NCV 4,600 kcal/kg minimum on CFR Taean port, Korea basis.

As per bid notice, total moisture (arb) of coal not more than 15% (total moisture is acceptable up to 18.5%, if Ash content is equal to or less than 10%) for calorific value of coal minimum 5700 kcal/kg on net received basis. For NCV Min 5,100 kcal/kg and Min 4,600 kcal/kg coal, total moisture (arb) of the coal should not more than 17% and 28% respectively.

Ash content of coal on adb should not be higher than 17% and total Sulphur (arb) is restricted maximum 1% for all grade of calorific value of coal.

The Bidder are required to submit their offer not later than 22nd October 2013.



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Thursday, 26 September 13
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