COAL TENDER: KOSEP-Coal-2014-LT01

Thursday, February 6 2014 - 05:03 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-2014-LT01

2. Materials, Quantity to be Procured and Shipping Schedule

Coal Spec. Contract Period Annual Quantity

Delivery Period (Loading Basis)

Price

Ref. Clause 1.5(NCV Min.5,500kcal/kg)

June 1, 2014 ~ May 31, 2017

140,000 Mt June 2014

One single Fixed U$ per Mt

140,000 Mt July 1, 2014 to September 30, 2014

Bidders are requested to offer minimum 140,000MT in lots of 80,000MT (for shipment from China, Indonesia, Russia) or 140,000MT (for shipment from Australia, Canada, South Africa, USA, Colombia and etc.) on both FOBT price basis only.

3. Procurement Method: International Open Bidding as per ITB

4. Bid closing date: 11:00 A.M. on February 12, 2014. (Korean Standard Time)

5. Qualification of Bidder: As per Clause 2.1, Chapter I in ITB. KOSEP-Coal-2014-LT01

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 Procurement Team, Strategic Procurement Dept.
Korea South East Power Co. Ltd
4th Floor Daehwa Bldg, 169, Samsung-1dong, Gangnam-gu, SEOUL, 135-882, 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 (preferred) (http://www.kosep.co.kr/kosep/en/en_man.do)

February 5, 2014
Korea South East Power Co. Ltd.
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