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Saturday, 05 June 21
KOMIPO INVITED 5600 NAR COAL OFFERS FOR THREE YEARS SUPPLY; 520,000 MT PER YEAR
 COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used at Boryeong & Shin Boryeong Power Plants for three years.
According to the bid notice no.: KOMIPO-Bid Notice-2021-LT05 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Total Quantity
520,000mt per year (130,000mt*4 Capesize)
Shipments
Min. 5,600kcal/kg (TS: 0.8% Max) (4 Cape) +/- 10% Shipping Tolerance
Shipping Schedule (Loading Basis)
For South African, North American, West Russian Coal
[CY1] 1st : August, 2021; 2nd : September, 2021; 3rd~4th : Q4,2021~Q2,2022
[CY2~CY3] Q3,2022~Q2,2024, Evenly spread
For Columbian Coal
[CY1] 1st : July, 2021;2nd : August, 2021; 3rd~4th : Q4,2021~Q2,2022
[CY2~CY3] Q3,2022~Q2,2024, Evenly spread
Origin
South Africa, North America, West Russia or Columbia
Price Basis
One single fixed price (USD) based on FOBT
Quality
Total Moisture (arb) : Max. 15
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 18%
Total Sulphur (arb) : Max. 0.8%
Net Calorific Value (arb) : Min 5,600 kcal/kg
Payment Terms
Telegraphic Transfer(T/T) payment basis only
Restrictions
New bidders are not allowed to attend this tender
Australian Coal Not Allowed
Procurement Method
International e-tender
Submission of Bid Documents
The Bid Documents shall be submitted by designated e-mail below not later than the deadline. E-mail : jsh3143@komipo.co.kr and tulip777@komipo.co.kr
Bid closing date
10:00 hrs on June 8, 2021 (Korean Standard Time).
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Wednesday, 28 July 21
IN THE PHILIPPINES, COAL’S DEMISE MAKES WAY FOR A RENEWABLE ENERGY BOOM - IEEFA
Imported gas lock-in could undermine the economic benefits of a clean energy transition
The Philippines’ energy sector is on t ...
Wednesday, 28 July 21
MARKET INSIGHT - INTERMODAL
Assessing the ship repair sector during this first half of the year, we continue to come across surprises and new restrictions which are trembling ...
Saturday, 24 July 21
UNDERSTANDING INDIA'S LATEST PEAK POWER DEMAND RECORD - IEEFA
Ramping up solar will be crucial as peak power demand hits during the day
At around noon on 7 July 2021, India’s instantaneous ...
Wednesday, 21 July 21
MARKET INSIGHT - INTERMODAL
Dry Buk Sales and Purchase activity has heated up during 2021, reaching record high levels during the first half of the year. The increased interes ...
Monday, 19 July 21
CHINA'S COAL OUTPUT UP 6.4 PCT IN H1 - XINHUA
China’s raw coal output climbed 6.4 percent year on year to 1.95 billion tonnes in the first six months of the year, official data showed.
...
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