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S.Korea's WP buys 590,000 T coal per year for 5 years

Published 09/05/2016, 04:45 pm
Updated 09/05/2016, 04:50 pm
S.Korea's WP buys 590,000 T coal per year for 5 years

SEOUL, May 9 (Reuters) - Korea Western Power Co Ltd (WP) KRPOWE.UL has bought 590,000 tonnes per year of Australian and Indonesian steaming coal via two five-year term tenders that closed on May 4, a source from the utility said on Monday.

The utility declined to disclose price information, but other details are as follows:

TONNES(M/T)

SPECIFICATION(NCV)

ORIGIN

SUPPLIER

440,000

min. 5,800kcal/kg

Australia

CMS

150,000

min. 4,700kcal/kg

Indonesia

Mercuria

* Note: NCV stands for Net Calorific Value.

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