S. Korea?s Kowepo opens tenders for 600,000 metric tons of coal

South Korea-based Korea Western Power Co. Limited (Kowepo) announced Monday it had opened two tenders for a combined 600,000 metric tons (mt) of coal, with delivery period staggered between April to December 2003.

Kowepo said the first tender, Kowepo-Coal-2003-SP04, is for 360,000 mt for delivery from April 1 to May 31, while the second, Kowepo-Coal-2003-SP05, is for 240,000 mt for delivery from July 1 to Dec. 20.

In the first tender, bidders may offer in lots of 60,000 mt or 120,000 mt while in the second tender, offers should be a minimum 120,000 mt.

?Each shipment of coal to be purchased by Kowepo and delivered by the Bidder shall be entirely supplied from a single mine,? Kowepo said.

The company added that the bids would be closed by March 17.

Kowepo is a leading supplier in Korean power industry. Kowepo takes up 14.0 percent of the Korean generating capacity mostly comprised of thermal, combined cycle, and pumped storage power plants.

Coal specifications and terms for Kowepo?s tenders can be found in its website: www.iwest.co.kr/english. (robert)