COAL TENDER: KOWEPO-COAL-2009-SP-03

INVITATION TO BID
for Steaming Coal Supply Spot Contract (for TAEAN Power Plant)

1. Bid No. : KOWEPO-COAL-2009-SP-03

2. Materials and Quantity to be Procured
- Materials : Bituminous Coal
- Quantity and Shipping schedule (Unloading Port)
Spec: NCV min. 4,800 kcal/kg
Quantity: One Panamax or One Cape
Shipping schedule: May 2009
※Panamax (70,000MT or 80,000MT), Cape(130,000MT)
※Shipping schedule out of above range shall be negotiated

3. Procurement Method: International Open Bidding

4. Deadline for Bidding : 15:00 on March 24, 2009 (Korean Standard Time).

5. Qualification of Bidder : Coal production company or Marketing company or Trading company only those who have performed (without any material problem such as coal quality etc.) any coal supply of no less than 60,000MT(one panamax) with power generation company(or electric power company) of Korea, Japan or Taiwan and who shall meet the whole requirement of ITB including but not limited to coal quality specification, shipping schedule, quality, etc.

6.Any applicant who wants to receive the relevant documents should inform us of the company?s name and e-mail address via e-mail to jwons@iwest.co.kr or,
Please refer to KOWEPO homepage (http://www.iwest.co.kr/english)
Tel) 82-2-2050-5714 , Fax) 82-2-2050-5719

7. Bid forms should be forwarded to
Mr. S. T.(Steve) Lim / Director, Fuel Procurement & Development
Korea Western Power Co., Ltd.
6F Samsung Bldg., 623, Teheranno, Gangnam-gu, Seoul, 135-882, Korea

March 13, 2009
Korea Western Power Co., Ltd.