Wärtsilä delivers 200 MWe power plant to Pakistan – value of order EUR 134 million

Wartsila Corporation
  • Stock exchange release
11 April 2008 at 3:01 AM E. Europe Standard Time

Wärtsilä Corporation, Company Announcement, 11 April 2008, at 2.15 pm EET

Wärtsilä has been awarded a turnkey contract worth EUR 134 million by Nishat Power Ltd., an independent power producer that will supply electricity to the national grid in Pakistan. The power plant will have a total gross electrical power output of 200 MWe.

The power plant, which will run on heavy fuel oil, is due to be operational by September 2009, and will be located near the city of Lahore. The order is included in Wärtsilä’s order book in April.

The plant will comprise eleven Wärtsilä 46 diesel generating sets. Wärtsilä will supply the plant equipment, then erect, test and commission the plant and provide local construction supervision. An O&M contract to operate and maintain the power plant is also under negotiation.

 “Our satisfactory experience with Wärtsilä products and services encouraged us to set up this project with them. Their power plants are fuel efficient, reliable and their after sales support very responsive,” says Mr Mian Mansha, Chairman of the Nishat Group.

This power plant to Nishat Group will further strengthen Wärtsilä’s position as the market leader in the supply of private power plants in Pakistan. A total of 1000 MWe of Wärtsilä power plants are already in service in Pakistan.
 
The Nishat Group is one of the leading business groups in Pakistan with interests in the textile, cement, insurance and banking sectors.


For further information, please contact;

Mr Christoph Vitzthum, Group Vice President, Wärtsilä Power Plants,
tel: +358 10 709 5670

Mr Atte Palomäki, Group Vice President, Communications, Wärtsilä
tel: +358 10 709 5599

www.wartsila.com


 More technical information can be found in the  Trade Press Release