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Thursday, 23 July 09
KOMIPO LAUNCHES TWO COAL TENDERS


Korea Midland Power on Wednesday launched two tenders to procure bituminous or semi-anthracite coal for August to September delivery. Bids close on July 28.

In tender, Komipo-Bid Notice-2009-7, the utility is seeking 300,000 mt of bituminous coal with a minimum heating value of 4,800 kcal/kg NAR for delivery over September 15, 2009 to December 31, 2009.

Offers can be submitted in lots of either 60,000 mt or 125,000 mt and bidders must propose on both an FOB and on a C&F basis.

However, if a bidder has already supplied over 120,000 mt to South Korea’s five thermal gencos, it can only submit offers on a C&F basis.

A bidder who has a track record of supplying coal to the five gencos, a Japanese power utility and Taiwan Power for the past three years can submit its offer on a C&F discharging port basis of up to a maximum 60,000 mt.

In tender Komipo-Bid Notice -2009-6, the utility called for bids for a combined 60,000 mt of bituminous or semi-anthracite coal for August to September delivery.

One lot of 30,000 mt must have a minimum calorific value of 5,200 kcal/kg NAR and the other lot a maximum 6,600 kcal/kg NAR.

Companies with no track record in supplying to the five gencos, Taiwan Power or utilities in Japan will not be allowed to participate in the tender.

Additional information about the tender can be obtainedat
www.komipo.co.kr/english



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