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Friday, 09 July 21
KOREA SOUTH-EAST POWER CO., LTD. INVITES BIDS FOR 1.86 MILLION TONS OF COAL OF 5600 & 4000 NCV COAL FOR THREE YEARS
 COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 280,000 – 300,000 MT of Min.5,600 (TS: Max 0.6%) NCV coal and 320,000 MT of Min.4,000-Max.5,490 (TS: Max 0.45%) NCV coal for September-October, 2021 delivery for the 1st contract year.
The successful bidders except Russian origin shall be increased contract volume from CY2 to CY3 up to 150% the quantity offered for CY1. (Russian origin shall be increased up to 130%).
According to the bid notice no. KOEN-Coal-2021-LT10-11 terms and conditions, the bidders are required offer 280-300kt ±10% Min.5,600 NCV (TS: Max 0.6%) coal and 320kt ±10% Min.4,000-Max.5,490 NCV (TS: Max 0.45%) coal for CY1 : September - October, 2021 and delivery on one single fixed price on FOBT for CY1 (Only Cape).
Shipment Size
Min.5,600 NCV coal – 2 Capes
Min. 4,000 NCV coal – 4 Panamaxes
Price
One single Origin & Fixed price (USD) based on FOBT
Delivery Schedule
-CY1 : September-October, 2021
-CY2 : November 2021-October 2022 (Evenly Spread)
-CY3 : November 2022-October 2023 (Evenly Spread)
Quality Min.5,600 (TS: Max 0.6%)
Total Moisture (arb) Max. 28%
Volatile Matter (adb) Min 22 - 38
Ash (adb) Max 15%
Total Sulfur (arb) Max 0.6%
Net Calorific Value Min. 5600 Kcal/Kg minimum
Min.4,000-Max.5,490 (TS: Max 0.45%)
Total Moisture (arb) Max. 45%
Volatile Matter (adb) Min 22
Ash (adb) Max 12%
Total Sulfur (arb) Max 0.45%
Net Calorific Value Min. 4,000 - Max. 5,490 Kcal/Kg
Procurement Method
International e-tender
Bid closing date
10:30 A.M., 13th of July, 2021 (Korean Standard Time). The Bid including the price shall be bound as a firm offer and valid till KST 18:00 on 13th of July, 2021.
The Bid documents shall be submitted through the KOEN website not later than the dead line.
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Monday, 09 August 21
AIIB MAY OFFICIALLY END COAL FINANCING IN 2022 - CHINA DAILY
The Asian Infrastructure Investment Bank may officially rule out coal projects if it updates its energy strategy next year, after shunning funding ...
Monday, 09 August 21
CHINA COAL INVENTORY THINS AMID PEAK POWER DEMAND- STATE MEDIA : REUTERS
China’s coal inventories have dropped to near historic lows since August due to peak summer electricity demand and transportation bottlenecks ...
Wednesday, 04 August 21
THE INDONESIAN COAL PRICE REFERENCE SURGED TO A FRESH RECORD HIGH OF USD 130.99 A TON IN AUGUST 2021
COALspot.com: The Indonesian Coal Price Reference ( HBA) surged to a fresh record high of USD 130.99 a ton in August 2021.
The ...
Wednesday, 04 August 21
MARKET INSIGHT - INTERMODAL
Unlike the Dry Bulk and Container sectors where freight rates have surged into 2021, the tankers market continues to experience lackluster earnings ...
Sunday, 01 August 21
SEABORNE HARD COAL TRADE IN 2020 DECREASED BY 149 MILLION MT, OR 12.1%, TO 1,083 MILLION MT - GERMAN COAL IMPORTERS ASSOCIATION
- Reduced coal-fired power plant fleet secures Germany’s power supply in severe winter of 2020/2021; little wind availability and hence stron ...
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- VISA Power Limited - India
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- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Sical Logistics Limited - India
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- Minerals Council of Australia
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- The University of Queensland
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- Bhoruka Overseas - Indonesia
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- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
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- Bulk Trading Sa - Switzerland
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- Electricity Authority, New Zealand
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- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Mintek Dendrill Indonesia
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- Merrill Lynch Commodities Europe
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- Aboitiz Power Corporation - Philippines
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- Australian Commodity Traders Exchange
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- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
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- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
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- Kideco Jaya Agung - Indonesia
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- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Price Waterhouse Coopers - Russia
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- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
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- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
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- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
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- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
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- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
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- LBH Netherlands Bv - Netherlands
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- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
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- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
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- Ceylon Electricity Board - Sri Lanka
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