COAL TENDER: K.Genco-Coal-2014-JT08,JT09

Summary of Invitation To Bid (ITB)
For (Sub)Bituminous Coal

Korea South East Power Co. Ltd.(KOSEP), as representative of five(5) Korean Gencos, is inviting a bid for the supply of coal from qualified suppliers on ITB for Power Plants of five(5) Korean Gencos as follows,

1. Bid Notice no.(ITB no.): K.Genco-Coal-2014-JT08,JT09

2. Materials, Quantity to be Procured and Shipping Schedule
- Quantity to be procured : 1,220,000MT
JT08 : 780,000MT, JT09 : 440,000MT
- Minimum quantity to be offered by a bidder : 70,000MT(JT08), 130,000MT(JT09)
- Shipping Schedule(Loading Basis)
JT08 : April, 2015 to June, 2015
JT09 : January, 2015 to March, 2015
- Qualified Bidders : Refer to ITB
- Contract Price : FOBT
- Calorific Value : Min. 5,700kcal/kg NAR(JT08) , Min. 4,600 kcal/kg NAR(JT09)
- Bidders are requested to offer quantity in lots of 70,000MT (for JT08) or 130,000MT (for JT09) on FOBT price basis only. Russian coal is not allowed.
3. Procurement Method: International Open Bidding as per ITB.
4. Bid closing date: 11:00 A.M. on December 2, 2014. (Korean Standard Time)
5. Qualification of Bidder : As per Clause 2.1, Chapter I in ITB. K.Genco-Coal-2014-JT08,JT09

6. Compliance with Invitation to Bid
Bidders shall prepare and submit the Bid in compliance with the procedures and requirements as provided in this ITB. Any failure to do so may give KOSEP a reason to reject or to unfavorably evaluate the Bid. Bidders shall be regarded as having been thoroughly acquainted with and having accepted all the contents of the ITB. Upon submission of Bid documents, Bidders are thereafter regarded as having agreed to fully comply with the terms and conditions of the contract. Bidders shall submit the Bids separately as they want to participate in more than one tender.

7. Validity Period of the Bid
The Bid including the price shall be bound as a firm offer and valid for a period of at least fifteen (15) calendar days after the bidding closing date. KOSEP may request the Bidder to extend the validity period of the Bid, if necessary.

8. Bid forms should be forwarded to
Mr. Seuk-Chin, Cho / General Manager
Bidding Room, Bundang Combined Cycle Power Plant, Korea South East Power Co.
336 Bundang-ro, Bundang-gu, Sungnam-City, Gyeonggi-do, 463-030, KOREA

Any queries on this Bid are welcomed to contact
Young-Keun Kim / Senior Manager / Fuel Procurement Team, KOSEP
Tel) +82-70-8898-1213, Fax) +82-50-5027-1067
E-mail : yk95@kosep.co.kr.

November 21, 2014
Korea South East Power Co. Ltd.