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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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Friday, 15 October 21
GLOBAL STEEL DEMAND GROWTH DOWNGRADED FOR 2021 DUE TO CHINA - WORLD STEEL ASSOCIATION
The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that ste ...
Thursday, 14 October 21
SPIKING COAL PRICES: DON’T BLAME THE ENERGY TRANSITION - IEEFA
Volatility highlights urgency for renewables-based energy solutions
“Energy crisis.” The phrase evokes nearly-forgotten ...
Thursday, 14 October 21
EIA FORECASTS U.S. COAL PRODUCTION TOTALS 588 MMST IN 2021, UP 53 MMST YOY
U.S. coal production in EIA's forecasts totals 588 million short tons (MMst) in 2021, 53 MMst more than in 2020.
According ...
Wednesday, 13 October 21
COAL PRICES ARE ROARING BACK AMID A GLOBAL ENERGY CRUNCH - SYDNEY MORNING HERALD
Soaring coal prices have placed Australia’s mining and energy exports on track to reach a record $349 billion this year evenas the value of t ...
Wednesday, 13 October 21
CHINA ISN'T THE ONLY HUGE ASIAN ECONOMY WITH A COAL SHORTAGE NOW - CNBC
China is not the only Asian giant grappling with an energy crunch — India is also teetering on the edge of a power crisis.
Mos ...
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- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Posco Energy - South Korea
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Australian Coal Association
- The University of Queensland
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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