COAL TENDER: KOMIPO-Bid Notice-2012-1

Monday, April 16 2012 - 04:53 AM WIB

Summary of Invitation To Bid for (Sub) Bituminous Coal

Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of coal from qualified suppliers on ITB for its power plant as follows,

1. ITB no. : KOMIPO-Bid Notice-2012-1

2. Materials, Quantity to be Procured and Shipping Schedule:

Item

Minimum NAR

Quantity (MT) Shipping Schedule Price
SP1 4600kcal/kg 350,000

June, 2012 : 2 cargoes

July, 2012 : 3 cargoes

One Single Fixed Price Based on FOBT only

SP2 5700kcal/kg 130,000 June, 2012

3. Procurement Method: International Open Bidding as per ITB

4. Bid closing date: 14:00 p.m. on April 20, 2012. (Korean Standard Time)

5. Qualification of Bidder :
Coal producers, marketing companies or traders can participate in this Bid. Bidders shall meet the whole requirement of this ITB including but not limited to coal quality specification, shipping schedule, quality, etc.
Bidders whose track record of supply to 5 (five) generation subsidiaries of KEPCO, Tai-power and Japanese Power Utilities including J-Power in total for the past 3 years do not amount to 150,000MT can offer only one cargo based on FOBT. And the Bidders who have no track record of supply to 5 (five) generation subsidiaries of KEPCO, Tai-power, FPG and Japanese Power Utilities including J-Power for the past 3 years (?New Bidder?) can not participate in this bid.
After being awarded as a successful Bidder, if a successful Bidder fails to enter into making a contract or fails to execute the contract signed, the Bidder will be banned from participating in KOMIPO?s future coal purchasing tender for at least 6 (six) months, which is the KOMIPO?s sole right and could not be challenged by the Bidder under any circumstances.

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 KOMIPO 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 as attached in the Invitation to Bid. Bidders shall submit the Bids separately as they want to participate in more than one tender.

7. Bid forms should be forwarded to
Mr. Jong-Guk Lee
General Manager, Fuel & Resource Team, Mgt Support Dept.
Korea Midland Power Co. Ltd

Any queries on this Bid are welcomed to contact T.H. Ko/ Deputy general Manager / Fuel & Resource Team
Tel) 82-70-7511-1274
E-mail :didi123@komipo.co.kr

April 13, 2012
Korea Midland Power Co. Ltd.
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