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Wednesday, 03 September 14
KOREA MIDLAND POWER CO. LTD INVITES BIDS FOR 1 MMT OF BITUMINOUS & SUB-BITUMINOUS COAL FOR BORYEONG POWER PLANT

COALspot.com: KOMIPO again in the market for 1 million tons of 5700 NAR and 4600 NAR coal for Jan – March 2015. South Korean state-owned utility Korea Midland Power (KOMIPO) has issued a new tender for supply of total 1 million MT of bituminous & sub-bituminous coal for Boryeong Power Plant.

Bidders are requird to offer 5,700 kcal/kg bituminous coal and 4,600kcal/kg minimum NAR sub-bituminous coal on FOBT, fixed price for the January to March 2015 (Loading Schedule).

According to tender norms, no Russian Coal is allowed to participate in this tender.

According to tender document, bidders are requested to offer a single fixed FOBT price for 640,000 MT(5 Capesize) of NAR min 5,700kcal/kg coal and 360,000 MT (5 Panamax) of NAR min 4,600kcal/kg coal.

According to KOMIPO’s tender, Coal producers, marketing companies or trading companies those who have supply record (without any material problem such as coal quality etc.) more than 60,000MT to one of the five (5) power generation companies (KOWEPO, KOSEP, KOMIPO, KOSPO, and EWP) in Korea or Taiwan Power or Japanese Power Utilities and steel mill companies in above three countries can participate in this Bid.

The bidders are required to submit a firm offer not later than 11:00am, September 12, 2014 (Korean Standard Time).

For more details visit KOMIPO's website



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