COAL TENDER: KOSEP-Coal-2015-LT10,LT11

Tuesday, December 1 2015 - 02:49 AM WIB

Summary of Invitation
To Bid (ITB) For (Sub)Bituminous Coal

Korea South East Power Co. Ltd.(KOSEP) is inviting bids for the supply of coal from qualified SUPPLIERSon ITBs for KOSEP Power Plants as follows,

1. Bid Notice no.(ITB no.) : KOSEP-Coal-2015-LT10,LT11

2. Materials, Quantity to be Procured and Shipping Schedule

Contract No.    Spec. (NCV) Annual Quantity(MT) Shipping Schedule 1st Year Price
LT 10 Min. 5,700kcal/kg  520,000 Q2~Q3 2016 : 130,000 ? 4 Evenly spread for each quater One Single Fixed  Price
LT 11 Min. 4,600kcal/kg 1,280,000 Q1~Q3 2016 : 80,000 ? 16

- LT10 : Bidders are requested to offer minimum 260,000MT per year(at least 130,000MT(1cape) for Q2,2016) in lots of 80,000MT (for shipment from China, Indonesia, Russia) or 130,000MT~150,000MT (for shipment from Australia, Canada, South Africa, USA, Russia, Colombia and etc.) on FOBT price basis only. Russian coal is not allowed.
- LT11 : Bidders are requested to offer minimum 320,000MT per year(at least 160,000MT(2Panamaxes) for January 2016, 80,000MT(1Panamax) for April 2016) and 80,000MT(1Panamax) for July 2016) in lots of 80,000MT (for shipment from China, Indonesia, Russia) or 130,000MT~150,000MT (for shipment from Australia, Canada, South Africa, USA, Russia, Colombia and etc.) on FOBT price basis only.

3. Procurement Method: International Open Bidding as per ITB.

4. Bid closing date: 11:00 A.M. on 4th December, 2015. (Korean Standard Time)

5. Qualification of Bidder : As per Clause 2.1, Chapter I in ITB. KOSEP-Coal-2015-LT10~LT11

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. Gyung-Ho, Koh / Vice President
Bidding Room, Bundang Combined Cycle Power Plant, Korea South East Power Co.
336 Bundang-ro, Bundang-gu, Sungnam-City, Gyeonggi-do, 463-030, KOREA

Any queries on this Bid are welcomed to contact
Young Keun Kim / Senior Manager / Coal 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)

Korea South East Power Co. Ltd.
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