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Monday, 24 June 19
KOMIPO INVITED BITUMINOUS COAL BIDS FOR BORYEONG & SHIN BORYEONG POWER PLANTS
KOMIPOSouth Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 260,000 MT MT of min. 5700 NAR coal and 240,000 MT of min. 4,600 kcal/kg NAR  coal for the year 1 at Boryeong Power Plant & Shin Boryeong Power Plants.
 
According to the tender No. KOMIPO-Bid Notice- 2019-LT02~LT03 terms, coal suppliers are required offer 500,000 MT minimum 5700 kcal/kg NAR and 4600 NAR coal on FOBT for ([CY1] 1st year.
 
Shipment Size
2 Cape: 130,000 MT: Min. 5,700 NAR coal - 1st, 2nd : Sep. - Dec. 2019 | CY2~CY4: Evenly spread
3 Panamax: 80,000 MT: Min. 4,600 NAR coal - 1st, : Sep. 2019 and 2nd ,3rd : Q4. 2019 | CY2~CY4: Evenly spread
 
Price
One single fixed FOBT Price
 
Origin
5700 NAR coal: Russian and/or Chinese Coal is excluded
4600 NAR coal: Indonesian and/or Russian Coal only
 
Quality (based on ASTM standards) for 5700 NAR coal
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.5%
Net Calorific Value minimum 5700 Kcal/Kg minimum
 
Quality (based on ASTM standards) for 4600 NAR coal
Total Moisture (arb) Max. 28%
Volatile Matter (adb) Min 22 - Max 45%
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.4%
Net Calorific Value minimum 4600 Kcal/Kg minimum
 
Restrictions 
New bidders are not allowed to attend this tender
5700 NAR coal: Russian and/or Chinese Coal is excluded
 
Bid closing date
June 27, 2019 14:00 KST
 
The Bid documents can be submitted in person, by mail or courier to Mr. You Shin Kim/ General Manager / Fuel Management Team , Smart work center Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea.


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Recent News

Thursday, 19 December 19
COAL POWER GENERATION CONTINUES TO DECLINE IN GERMANY: DESTATIS, XINHUA REPORTED
The volume of electricity generated in coal-fired power plants in Germany decreased “markedly” by 37 percent to 34 billion kilowatt-hou ...


Thursday, 19 December 19
BANGLADESH'S NBR CUTS VAT ON COAL IMPORT FOR POWER PLANTS - THE DAILY STAR
The National Board of Revenue (NBR) reduced value added tax on the import of coal for power plants to 5 percent from present 15 percent for five ye ...


Wednesday, 18 December 19
AVERAGE PRICES OF COAL IN 2018 WERE MORE THAN 60% HIGHER THAN IN 2016 - IEA
Coal use grew again in 2018.  Global coal demand increased by 1.1%, continuing the rebound that began in 2017 after three years of decline ...


Wednesday, 18 December 19
ASIA IS SET TO SUPPORT GLOBAL COAL DEMAND FOR THE NEXT FIVE YEARS - IEA
Press Release: Global coal demand is expected to decline in 2019 but remain broadly stable over the next five years, supported by robust growth in ...


Wednesday, 18 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we all know very well by now, the reduction in the maximum allowable sulphur content of marine fuels in 2020 is likely to have a massive impact ...


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