Wärtsilä to deliver three gas power plants to Bangladesh

Wärtsilä Corporation, Trade press release 4 July 2007 at 09:00 UTC+2

Wärtsilä has in May and June signed equipment supply contracts for three gas-fired power plants totalling 84.6 MWe to be delivered to Bangladesh. The total value of these projects is approximately 22.5 million euros.

The first contract in May is for a 6 MWe electrical power plant to be supplied to RAK Power Ltd, a Bangladeshi company that supplies power to the local RAK Ceramics factory. RAK Ceramics is one of the world’s major ceramic tiles and sanitary-ware producers, with manufacturing plants in Bangladesh, the UAE, China, India, Turkey and Slovakia.

The contract includes engineering services in addition to the supply of one Wärtsilä 18V34SG generating set and auxiliary equipment, and the plant is expected to be operational by the beginning of 2008. The fast delivery time was a major factor in Wärtsilä being awarded this contract, which will provide RAK Ceramics with reliability of electricity supply and cheaper kWh consumption.

Two contracts were signed in May and June with Malancha Holdings Ltd, a subsidiary company of United Group, for the supply of gas-fired power plant engines, auxiliary equipment and engineering services to deliver electrical power to two power plants for the Bangladesh Export Processing Zones (EPZ) in Chittagong and Dhaka.

The Chittagong order consists of five Wärtsilä 20V34SG generating sets supplying a total of 43.6 MWe, while the Dhaka contract calls for four Wärtsilä 20V34SG engines supplying a total of 35 MWe of electrical power. Both plants are expected to be fully operational during the second quarter of 2008.

The intention is to ensure an uninterrupted power supply to the EPZs and the adjacent areas on the basis of need during peak and off-peak hours.

Wärtsilä gas power plants are designed for optimal performance in a wide variety of decentralized power production in both intermediate and baseload applications, giving full output and high performance in hot and dry conditions as well as at high altitudes. The Wärtsilä gas-fired power plants range from 4 to 300 MWe, and are based on 4-17 MWe engine units operating on natural gas or in dual-fuel mode (natural gas/liquid fuel oil).

Wärtsilä in brief:

Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 14,000 professionals manning 130 Wärtsilä locations in close to 70 countries around the world.

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For further information, please contact:
Maria Nystrand
Public Relations Manager, Power Plants
Wärtsilä Corporation
Direct tel: +358 10 709 1456
Direct fax: +358 10 709 1425
e-mail: maria.nystrand@wartsila.com
Internet: www.wartsila.com