SEOUL, Dec 7 (Reuters) - Korea South-East Power Co Ltd (KOSEP) KOSEP.UL has bought a total of 1.80 million tonnes of steaming coal per year between 2016 and 2020 via two term tenders closed on Friday, a source from the utility said on Tuesday.
The utility declined to disclose supplier information, but other details of the purchases are as follows:
TONNES/YR
SPECIFICATION (NCV)
ORIGIN
PRICE(FOB/T)
520,000
min. 5,700kcal/kg
Australia Around $44
1,280,000
min. 4,600kcal/kg
Indonesia Around $44
* Note: NCV stands for Net Calorific Value. The procurement is for Samcheonpo and Yeonghung Thermal Power Plants.