KOMIPO opens tender for 500kt of bituminous coal

Summary of Invitation To Bid for Sub-Bituminous Coal

Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of coal from qualified suppliers on ITB (Ref. Attached) for its power plant as follows,

1. ITB no. : KOMIPO-Bid Notice-2011-6

2. Materials, Quantity to be Procured and Shipping Schedule :
Quantity (MT): 500,000
NAR: 5700kcal/kg
Delivery: February ? March , 2012
One Single Fixed Price: 1st half of January, 2012
Cape-size Vessel Only Panamax not allowed

Price shall be on both FOBT and CFR basis and KOMIPO reserves the right to award the contract on either a FOB or a CFR basis subject to its evaluation. Bidders are requested to offer with quotation in a single fixed price up to feasible amount of coal in lots of 125,000MT(+/-10%).

3. Procurement Method: International Open Bidding as per ITB (Ref. the attached ITB)

4. Bid closing date: 14:00 p.m. on November 23, 2011. (Korean Standard Time)

5. Qualification of Bidder : Refer to the attached 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 KOMIPO 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. Bid forms should be forwarded to
Mr. Jong Guk Lee
General Manager, Fuel & Resource Team, Mgt Support Dept.
Korea Midland Power Co. Ltd

Any queries on this Bid are welcomed to contact
TH Go/ Senior Manager / Fuel & Resource Team
Tel) 82-70-7511-1274
E-mail :didi123@komipo.co.kr

November 15, 2011
KOMIPO