COAL TENDER: KOSEP-Coal-2012-SP10-2

Friday, November 16 2012 - 02:14 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 for KOSEP Power Plants as follows,

1. Bid Notice no.(ITB no.): KOSEP-Coal-2012-SP10-2

2. Materials, Quantity to be Procured and Shipping Schedule

Coal Spec. Quantity to be procured Shipping Schedule

Ref. Clause 1.4(NCV Min. 4,600kcal/kg)

420,000MT

January 1, 2013 ~June 30, 2013

- Bidders are requested to offer quantity in lots of 70,000MT (for shipment from China, Indonesia, Russia) or 140,000MT (for shipment from Australia, Canada, South Africa, USA, Colombia and etc.) on FOBT only.

3. Procurement Method: International Open Bidding as per ITB

4. Bid closing date: 10:00 A.M. on November 21, 2012. (Korean Standard Time)

5. Qualification of Bidder :
Coal producers, marketing companies or traders a) those who have any successful coal supply record more than 120,000MT(two panamax shipments) to 5 Korean Gencos(KOSEP, KOMIPO, KOWEPO, KOSPO, KEWESPO) or Taiwan Power or J-Power or steel mill companies in Korea in recent three years and b) those who do not have unfaithful coal supply records to the above five companies and c) those who shall meet the whole requirements of ITB including but not limited to, coal quality specification, shipping schedule, etc. are qualified to participate in the ITB

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. Seuk-Chin, Cho
General Manager, Fuel Team, General Administration Dept.
Korea South East Power Co. Ltd
6th Floor Daehwa Bldg, 169, Samsung-1dong, Gangnam-gu, SEOUL, 135-882, Korea.

Any queries on this Bid are welcomed to contact
Yeonjun Na / Senior Manager / Fuel Team, KOSEP
Tel) +82-70-8898-1565, Fax) +82-50-5027-1835
E-mail : skydops@kosep.co.kr (preferred) (http://www.kosep.co.kr/kosep/en/en_man.do)

November 14, 2012
Korea South East Power Co. Ltd.
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