COAL TENDER: KOSEP-Coal-2008-SP08

Friday, November 21 2008 - 01:07 AM WIB

Summary of Invitation To Bid (ITB)
For Bituminous Coal
Korea South East Power Co. Ltd.(KOSEP) is inviting a bid for the supply of coal from qualified suppliers on ITB (Ref. Attached) for KOSEP Power Plants as follows,

1. Bid Notice no. (ITB no.) : KOSEP-Coal-2008-SP08

2. Materials, Quantity to be Procured and Shipping Schedule
? Materials: Bituminous Coal
? Main Spec.: Min. 5,100kcal/kg NAR (Ref. the attached ITB)
? Quantity: 600,000 MT(Metric Tons)
? Preferred Shipping Schedules (Loading port): December 2008 ~ March 2009
- Bidders are requested to bid up to total about 600,000 Metric Tons in lots of either 120,000~135,000 (Cape size) (in case that the origin of coal is Australia, Canada) or 60,000~80,000MT (Panamax size) on both FOBT and CFR basis.

3. Procurement Method: International Open Bidding as per ITB (Ref. the attached ITB)

4. Bid closing date: 2:00 P.M. on November 28, 2008. (Korean Standard Time)

5. Qualification of Bidder : As per Clause2.1, Chapter I in ITB. KOSEP-Coal-2008-SP08

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 as attached in the Invitation to Bid.

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 thirty (30) 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. Yong-Jae, Lee
Senior Manager, Fuel Team, Business Department
Korea South East Power Co. Ltd
169 Daehwa B/D 4F, Samsung-1dong, Gangnam-gu, SEOUL, 135-882, Korea.

Other matters regarding this bid are specified in the attached (ITB no. KOSEP-Coal-2008-SP08)

Any queries on this Bid are welcomed to contact
H.S. Hwang / Manager / Fuel Team, KOSEP
Tel) 82-2-3456-7173, Fax) 82-2-3456-7179
E-mail : hhs97@kosep.co.kr (http://www.kosep.co.kr/eng)

November 18, 2008
Korea South East Power Co. Ltd.

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