Sept 25 (Reuters) - Korea South-East Power Co Ltd (KOSEP) KOSEP.UL has bought a total of 1.84 million tonnes of coal per year for a span of five years via two term tenders closed on Sept. 23, a source from the utility said on Friday.
The higher calorie products are supplied by three companies, and the lower calorie products are supplied by one company.
The utility declined to disclose supplier information, but other details of the tenders are as follows:
TONNES/Y
SPECIFICATION(NCV)
ORIGIN
PRICE(FOB/T)
1,040,000
min. 5,500kcal/kg
Australia
Around 48.5
800,000
min. 4,600kcal/kg
Indonesia
Around 44
* Note: NCV stands for Net Calorific Value. The procurements are for Samcheonpo and Yeonghung Thermal Power Plants.