COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for 6,798,000 tons of coal for 5 years for TAEAN Power Plant.
According to the bid notice no. KOWEPO-COAL-2019-LT-11,12,13 terms and conditions, the bidders are required offer on FOBT basis.
LT-11-1 (HCV)
Min.5,600 kcal/kg NCV (TS : 0.5%max, Ash 13% max)
330k MT+/-10% (165k MT+/- 10% × 2) [1st CY]
- Indonesian Ports : 15 Jan~10 Feb, 2020 and 25 Jan~20 Feb, 2020
- Australian Ports : 20 Jan~15 Feb, 2020 and 1~25 Feb, 2020
- Canadian Ports : 25 Jan~20 Feb, 2020 and 5~29 Feb, 2020
- South African Port : 1~25 Feb, 2020 and 10 Feb~5 Mar, 2020
- Colombian Ports : 25 Feb~ 20 Mar, 2020 and 5~31 Mar, 2020 One Single Fixed Price on FOBT
495k MT+/-10% (165k MT+/- 10% × 3) per each year [2nd CY to 5th CY] 1 Apr, 2020~ 31 Mar, 2024
Total Quantity : 2,310k MT+/-10%
LT-11-2 (HCV)
Min.5,600 kcal/kg NCV (TS : 0.5 %max)
220k MT+/-10% (110k MT+/- 10% × 2) [1st CY]
- Indonesian Ports : 25 Dec, 2019~20 Feb, 2020 and 25 Jan~20 Feb, 2020
- Australian Ports : 1~25 Jan, 2020 and 1~25 Feb, 2020
- Canadian Ports : 5~31 Jan, 2020 and 5~29 Feb, 2020
- South African Port : 10 Jan~5 Feb, 2020 and 10 Feb~5 Mar, 2020
- Colombian Ports : 1~25 Feb, 2020 and 1~25 Mar, 2020
440k MT+/-10% (110k MT+/- 10% × 4) Per each year [2nd CY to 5th CY] 1 Apr, 2020~ 31 Mar, 2024
Total Quantity : 1,980k MT+/-10%
LT12-1 (LCV)
Min.4,600 kcal/kg NCV (TS: 0.4%max)
152k MT+/-10% (76k MT+/- 10% × 2 Cargos) per each year [1st CY]
- Indonesian, Australian and Canadian Ports : Jan and Feb, 2020 each
- South African Ports : Feb and Mar, 2020 each
- Colombian Ports : Mar and Apr, 2020 each
[2nd CY to 5th CY]
1 May, 2020~ 30 Apr, 2024
Total Quantity : 760k MT+/-10%
LT-12-2 (LCV)
4,400~ 5,000 kcal/kg NCV (TS: 0.4%max, Ash: 10% max)
152k MT+/-10% (76k MT+/- 10% × 2 Cargos) per each year [1st CY]
- Indonesian, Australian and Canadian Ports : Jan and Feb, 2020 each
- South African Ports : Feb and Mar, 2020 each
- Colombian Ports : Mar and Apr, 2020 each
[2nd CY to 5th CY]
1 May, 2020~ 30 Apr, 2024
Total Quantity : 760k MT+/-10%
LT-13 (MCV)
Min.5,200 kcal/kg NCV (TS: 0.5%max, Ash: 10% max)
76k MT+/-10% (76k MT+/- 10% × 1Cargo) [1st CY]
- Indonesian Ports : 1~25 Feb, 2020
- Australian Ports : 5~29 Feb, 2020
- Canadian Ports : 10 Feb~5 Mar, 2020
- South African Port : 15 Feb~10 Mar, 2020
- Colombian Ports :10 Mar~5 Apr, 2020
228k MT+/-10% (76k MT+/- 10% × 3) [2nd CY to 5th CY] 1 May, 2020~ 30 Apr, 2024
Total Quantity : 988k MT+/-10%
- East Russian and Chinese coal is not allowed.
Restrictions:
- Indonesian and South African origins are only allowed to supply single mine coal with providing the relevant supporting documents.
- The vessel age shall not be restricted.
- The demurrage cap is applied to U$35,000 for Cape and U$25,000 for Panamax.
- The bidder should not submit specified surveyor’s name.
- The bidder should not submit two prices in the same bid.
- The restricted origin bidding shall not be accepted multi origin clause.
- Payment term should be selected T/T or L/C without any other details.
- The bidder should not remove any clauses in Adjustment of the Price for Quality in the contract.
- Origin: multiple origins are not allowed to attend.
Procurement Method
International e-tender
Bid closing date
10:00 AM, 26nd November, 2019(KOWEPO Server’s Korea Standard Time)
The Bid documents shall be submitted by designated e-mail below not later than the deadline. E-mail :
bidding@iwest.co.kr
The Bid documents which submitted by personal e-mail or a method other than those noted above shall not be accepted.
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