COAL TENDER: KOSEP-Coal-2010-SP09-3 & 2010-SP09-4

Wednesday, October 13 2010 - 01:50 AM WIB

Summary of Invitation To Bid (ITB)
For (Sub)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-2010-SP09-3 & KOSEP-Coal-2010-SP09-4 (For New Bidders)

2. Materials, Quantity to be Procured and Shipping Schedule

ITB No. Delivery Minimum quantity to be procured Minimum quantity to be offered by a bidder Qualified Bidders Contract Price CV (NAR kcal/kg)

KOSEP-Coal-2010-SP09-3 (For New Bidders)

November 1, 2010 ~ December 31, 2010

125,000MT

125,000MT Refer to ITB CFR Only

Min. 5,500

KOSEP-Coal-2010-SP09-4 (For New Bidders)

November 1, 2010 ~ December 31, 2010 60,000MT

60,000MT

Refer to ITB CFR Only

Min. 4,600

- Bidders for 2010-SP09-3 are requested to offer 125,000 MT plus and minus ten(10) percent at shipping tolerance, by a single shipment quantity (Cape size) only on a CFR basis.
- Bidders for 2010-SP09-4 are requested to offer 60,000 MT plus and minus ten(10) percent at shipping tolerance, by a single shipment quantity (Panamax size) only on a CFR basis

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

4. Bid closing date: 2:00 P.M. on October 20, 2010. (Korean Standard Time)

5. Qualification of Bidder : As per ITB. KOSEP-Coal-2010-SP09-3 & ITB. KOSEP-Coal-2010-SP09-4

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.

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. Yong-Jae, Lee
General Manager, Fuel Team, General Administration Dept.
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-2010-SP09-3 & ITB no. KOSEP-Coal-2010-SP09-4)

Any queries on this Bid are welcomed to contact
SC. Cho / Senior Manager / Fuel Team, KOSEP
Tel) 82-70-8898-1564, Fax) 82-50-5027-1213
E-mail : deepblue@kosep.co.kr (preferred) (http://www.kosep.co.kr/eng)

October 12, 2010
Korea South East Power Co. Ltd.

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