S.Korea's KOSPO seeks 552,000 T/Y coal for 2016-2018
SEOUL, June 2 (Reuters) - Korea Southern Power Co Ltd (KOSPO) is seeking 552,000 tonnes of steaming coal per year via a term tender, the utility said on its website. (www.kospo.co.kr) The tender will close at 2 p.m. (0500 GMT) on June 8. Bids should be made on a free-on-board-trimmed basis. The contractual period for the term tender is from August 2016 to December 2018. The agency is seeking Colombian coal only. Each bidder is requested to offer a total of 552,000 tonnes per year in lots of 138,000 tonnes. For the first year, the first shipment should be made between the second half of August and the first half of September, with the remaining shipments to be made between November and December. Details of the tender for the first year are as follows. TONNES(M/T) SPECIFICATION(NCV) SHIPMENT SCHEDULE 138,000 only 6,100kcal/kg 2H Aug.-1H Sept. 414,000 only 6,100kcal/kg Nov.-Dec. 2016 * Note: NCV stands for Net Calorific Value. (Reporting by Jee Heun Kahng; Editing by Richard Pullin)
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