COAL TENDER: KOWEPO-COAL-2015-APSP-02

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

1. Bid no. : KOWEPO-COAL-2015-APSP-02

2. Material and quantity to be procured
○ Material : (Sub)Bituminous coal

Spec.	Coal	Quantity	Loading Schedule at Loading Port
Spec. A	NCV min. 5,700 kcal/kg	110,000MT +/- 10% (1cargo)	Abbot Point, DBCT, Gladstone, Newcastle and Port Kembla, Australia : 11th April ~ 25th April, 2015
Spec. B	NCV min. 5,700 kcal/kg	170,000MT +/- 10% (1cargo)	Indonesian Ports :17th April ~2nd May, 2015 Abbot Point, DBCT, Gladstone, Newcastle and Port Kembla, Australia : 23rd April ~ 8th May, 2015 Roberts Bank and Prince Rupert, Canada : 25th April ~ 10th May, 2015 RBCT, Republic of South Africa : : 5th May ~ 20th May, 2015
- The difference between the guaranteed NCV and the limit of range for NCV shall be less than 100kcal/kg(within 100kcal/kg)

(1)Shipment Size & Delivery Term
- Spec. A(110,000mt +/- 10%) and Spec. B(170,000MT+/- 10%) on FOBT basis only.
- No Russian coal is allowed to participate in this tender.

(2) Coal Mine
Each shipment of coal to be purchased by KOWEPO and delivered by the Bidder shall be entirely supplied from a single mine. Supply of coal for any shipment from more than one mine may not be allowed. Upon request by KOWEPO, a Bidder shall provide to KOWEPO''''''''''''''''s satisfaction relevant supporting documents including certificates issued by the relevant authorities of the exporting country to demonstrate the legal status and current situation of the coal mine from which the coal would be supplied.

3. Procurement Method: International Open Bidding

4. Deadline for Bidding: 11:00 AM, 4th March, 2015.

5. Qualification of Bidder
Coal production company or Marketing company or TRADING company only those who has performed (without any material problem such as coal quality etc.) any coal supply of no less than 60,000MT(one panamax) to one of the five(5) power generation companies(KOWEPO, KOSEP, KOMIPO, KOSPO, and EWP) or major power generation companies(or electric power companies) in Taiwan, Japan or major steel mill companies in Taiwan, Japan and Korea, who shall meet the whole requirement of ITB including but not limited to coal quality specification, shipping schedule and quality, etc.

If the Bidder has had any material unfaithful performance record in honoring the contract with one of Korean 5 (five) Gencos (KOSEP, KOSPO, KOWEPO, KOMIPO, and EWP) KOWEPO shall have the right, at its sole discretion, neither to allow its participation in this Bid nor to award the contract even if it is selected as most competitive one. With regard to this, Bidders are deemed to agree not to raise any claim against KOWEPO?s referring, if any, to other Gencos whether they have any unfaithful track record.

After being awarded as a successful Bidder, if a successful Bidder fails to enter into making a contract or fails to execute the contract signed, the Bidder will be banned from participating in KOWEPO?s future coal purchasing tender for at least 6 (six) months, which is the KOWEPO?s sole right and could not be challenged under any circumstances. Along with this restriction on participating in KOWEPO?s future coal purchasing tender, the performance BOND shall revert to KOWEPO without any justification and KOWEPO may draw such full amount under the performance bond if KOWEPO judges it is necessary to compensate KOWEPO for its losses, damages, expenses, or other costs (or any part thereof) arising from or related to the Seller's default.

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 cskcsm@iwest.co.kr [Cho-Seock Ghi - Deputy general MANAGER ] or please refer to KOWEPO?s website. (http://www.westernpower.co.kr/new/english/)
Tel) +822-2161-1423, Fax) + 822-2161-1408

7. The Bid documents shall be submitted in person, by mail or courier to the address below no later than the deadline.
Mr. Oh, Gyu-myeong / Team Leader, Fuel Procurement Team
Korea Western Power Co., Ltd.
27F, GFC, 152, Teheran-ro, Gangnam-gu, Seoul, 135-984, Korea

25th February, 2015
Korea Western Power Co., Ltd.