Wärtsilä's negotiations on supply of five gas power plants to Azerbaijan proceed; construction of first power plant star

Wartsila Corporation
  • Stock exchange release
7 September 2005 at 3:01 AM E. Europe Standard Time

Wärtsilä Corporation STOCK EXCHANGE RELEASE 7.9.2005 at 16 local time

Wärtsilä was chosen in May to supply five gas power plants, with a total output of 450 MW, to Azerbaijan. The construction of the first 80 MW power plant has now been started. The value of the delivery for Wärtsilä for this plant is approximately EUR 30 million. Negotiations on financing of the remainder of the order are in progress.

In 2004 Wärtsilä supplied power plants totalling 1,363 MW.

For more information, please call Mr Jaakko Eskola, Vice President, Sales and Marketing, Wärtsilä Power Plants, tel: +358 10 7095 634.

 

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