SEOUL, Sept 4 (Reuters) - Korea Western Power Co Ltd (WP) bought 660,000 tonnes of high-calorific coal via a four-year term tender that closed on Friday, while passing on another tender to buy 660,000 tonnes of low-calorific coal, a source from the state-run utility said on Tuesday.
While the source declined to give price and seller information of the purchased tender, nor the reasons for declining another, other details of two tenders are as follows:
--Coal purchase
TONNES(M/T)
SPECIFICATION(NCV) ORIGINS
CONTRACT PERIOD
660,000
min. 5,700 kcal/kg Australia Jan 2019-Mar 2023
--Declined coal tender
TONNES(M/T)
SPECIFICATION(NCV) CONTRACT PERIOD
660,000
min. 5,200 kcal/kg Jan 2019-Mar 2023
* Note: NCV stands for Net Calorific Value.