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Agreement renewal marks Wärtsilä’s long-term relationship with Indonesian mining company

Jan 23, 2024, 09:01 by Wärtsilä Corporation

Technology group Wärtsilä has signed a second renewal of its Guaranteed Asset Performance (GAP) agreement with Indonesian state-owned mining company PT Aneka Tambang (Antam). Wärtsilä has had a full Operation and Maintenance agreement with Antam since the power plant’s commissioning in 2005, and a GAP agreement since 2017. This latest agreement renewal order was booked by Wärtsilä in June 2023.

The captive power plant supplies 60 percent of the electricity needed to operate the Antam ferronickel mine and ore processing plant located in Pomalaa in Southeast Sulawesi. The 137 MW plant was delivered by Wärtsilä under an engineering, procurement and construction contract. It operates with eight Wärtsilä 50DF dual-fuel engines.

“We appreciate the ongoing support that Wärtsilä has delivered since the power plant was commissioned. This support is provided with both remote monitoring and onsite advisors, and it ensures that we have a reliable supply of energy, which is essential for us to reach our production targets,” said Desryantho Tandi, Diesel Power Plant Manager at Antam.

“This agreement renewal emphasises the importance of long-term customer relations. A high level of trust and understanding benefits both companies. Through working in close cooperation, we can ensure operational efficiency, while the agreement provides cost predictability,” commented Erwin Vanderkerff, Director, Regional Operations Australasia at Wärtsilä.

In addition to remote monitoring and on-site advisory services, the renewed agreement also includes a full power management system, along with a spare parts supply for the engines and auxiliaries. Furthermore, Antam benefits from the latest design and upgrade information, expert technical advisory, analysis and audits, as well as improvement recommendations for the installation.

Media contact for more information on this release:

Katri Pehkonen
Communications Manager
Wärtsilä Energy
Mob: +358 50 591 6180

Image caption: Wärtsilä has signed a second renewal of its Guaranteed Asset Performance agreement with Indonesian state-owned mining company PT Aneka Tambang (Antam). © Wärtsilä Corporation

All Wärtsilä releases are available at www.wartsila.com/media/news-releases and at news.cision.com/wartsila-corporation where also the images can be downloaded. Use of the image(s) is allowed only in connection with the contents of this press release. Wärtsilä images are available at www.wartsila.com/media/image-bank.

Wärtsilä Energy in brief
Wärtsilä Energy leads the transition towards a 100% renewable energy future. We help our partners to accelerate their decarbonisation journeys through our market-leading technologies and power system modelling expertise. These cover decarbonisation services, future-fuel enabled balancing power plants, hybrid solutions, energy storage and optimisation technology, including the GEMS Digital Energy Platform. Wärtsilä Energy’s lifecycle services are designed to increase efficiency, promote reliability and guarantee operational performance. Our track record comprises 79 GW of power plant capacity and 115 energy storage systems delivered to 180 countries around the world.

Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in more than 240 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2022, Wärtsilä’s net sales totalled EUR 5.8 billion. Wärtsilä is listed on Nasdaq Helsinki.

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