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Wednesday, 01 September 21
KOMIPO TO BUY 1.56 MILLION TONS OF 5600 NAR COAL OF AUSTRALIA OR SOUTH AFRICAN ORIGIN FOR 2022 - 2024
 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-LT06 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Total Quantity
520,000mt per year (130,000mt x 4 Capesize)
Shipments
Min. 5,600kcal/kg (TS: 0.8% Max) (4 Cape) +/- 10% Shipping Tolerance
Shipping Schedule (Loading Basis)
For Australia and South Africa
[CY1] 1st : January, 2022; 2nd : February, 2022, 2021; 3rd~4th : Q1, 2022 ~ Q4, 2022
[CY2~CY3] Q1, 2023 ~ Q4, 2024 Evenly spread
Origin
Australia and South Africa
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. 0.6%
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
The shipment size must be at least 130,000MT, with a gearless vessel. In case of bidding the port of Newcastle as a loading port, the quantity can be adjusted
Procurement Method
International e-tender
Bid closing date
10:00 Hrs on September 6, 2021 (Korean Standard Time)
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Friday, 22 October 21
CHINA WANTS TO COOL COAL PRICES. SIMILAR MOVES FOR METALS, CRUDE FAILED - REUTERS
China’s latest attempt to lower runaway commodity prices, this time for thermal coal, is likely to follow a familiar pattern of initial succe ...
Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
- Hard coal remains an important factor for security of supply
- Increase of around 35% in hard-coal-fired power generation in the first three ...
Wednesday, 20 October 21
CHINA'S COAL SHORTAGE TO EASE IN COMING MONTHS, INDUSTRY BODY SAYS - REUTERS
China’s coal shortage will likely ease in coming months, with domestic production and imports already showing signs of picking up, a coal ind ...
Wednesday, 20 October 21
CHINA'S RAW COAL OUTPUT DROPS IN SEPTEMBER - XINHUA
China’s raw coal output dropped 0.9 percent year on year to 330 million tonnes last month, data from the National Bureau of Statistics (NBS) ...
Wednesday, 20 October 21
OVER-RELIANCE ON COAL IN OUR POWER MIX HURTING INDIA - LIVEMINT
In spite of the renewables push, coal still accounts for about 50% of India’s installed power capacity. That means a simultaneous demand and ...
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- Global Business Power Corporation, Philippines
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- The University of Queensland
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- Energy Development Corp, Philippines
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- Sojitz Corporation - Japan
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- Power Finance Corporation Ltd., India
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- Iligan Light & Power Inc, Philippines
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- Commonwealth Bank - Australia
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- Electricity Authority, New Zealand
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- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
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- Alfred C Toepfer International GmbH - Germany
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- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
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- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
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- Ministry of Transport, Egypt
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- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
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- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
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- Coalindo Energy - Indonesia
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- London Commodity Brokers - England
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- Eastern Coal Council - USA
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- VISA Power Limited - India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Timah Investasi Mineral - Indoneisa
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- Goldman Sachs - Singapore
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- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
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- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
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- Global Coal Blending Company Limited - Australia
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- Wilmar Investment Holdings
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