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UPDATE 1-S.Korea WP buys 770,000 T/Y coal via term tenders
September 17, 2012 / 5:38 AM / 5 years ago

UPDATE 1-S.Korea WP buys 770,000 T/Y coal via term tenders

(Adds arrival schedule)
    SEOUL, Sept 17 (Reuters) - Korea Western Power Co Ltd (WP)
 has bought a combined 770,000 tonnes per year of
steaming coal via term tenders on Sept. 11, a utility source
said on Monday.
    While the source declined to disclose supplier and price
information, details of the purchase are as follows:
    TONNES/Y SPECIFICATION(NCV) ORIGIN    
    660,000  min 5,600 kcal/kg  Australia 
    110,000  min 4,600 kcal/kg  Indonesia
    * Note: The coal of 5,600 kcal/kg will arrive between Jan.
1, 2013 and Dec. 31, 2017 while the coal of 4,600 kcal/kg will
arrive between Nov. 1, 2012 and Oct. 31, 2017. NCV stands for
Net Caloric Value and the procurement is for Taean power plant. 

 (Reporting By Eunhye Shin; Editing by Himani Sarkar)
 (Eunhye.Shin@thomsonreuters.com; +82 2 3704 5667; Reuters
Messaging: eunhye.shin.thomsonreuters.com@reuters.net)

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