Wärtsilä signs service agreement extension for United Cement Company’s power plant in Nigeria

Wärtsilä Corporation, Press release 15 November 2012 at 15:00 UTC+2

Wärtsilä, a leading global supplier of flexible and efficient power plant solutions and services, has signed a three year Operations & Maintenance (O&M) agreement covering the United Cement Company of Nigeria Ltd. (UniCem) power plant. This is an extension to the current three year O&M contract expiring in 2012.

The power plant provides electricity to United Cement Company’s Mfamosing cement manufacturing plant, located north east of Calabar in Nigeria’s Cross River State. It has an annual cement production of 2.5 million tonnes. The 47 MW UniCem power plant is capable of operating on either natural gas or heavy fuel oil and is powered by three Wärtsilä 50DF dual-fuel engines.

Under the terms of the new contract, Wärtsilä will continue providing the UniCem plant with expert operational and maintenance support, as well as all the required related technology and engineering expertise. In addition, Wärtsilä will ensure the timely and accurate delivery of parts to support maintenance activities, thereby further contributing to the availability of the power plant. Through close co-operation with the customer, Wärtsilä has customized a complete service program that will offer UniCem the level of support that best suits its needs.

"This service agreement extension is important for Wärtsilä as it indicates the good co-operation between the two parties, and UniCem’s overall satisfaction with Wärtsilä’s performance," says A.P. Singh, General Manager, Wärtsilä Solutions Support Services, South Europe & Africa. "In taking responsibility for operating and maintaining the power plant, Wärtsilä utilises its extensive know-how, and implements its global best practices and expertise to maintain the high level of reliability and performance that the customer has come to expect.”

An Operations and Maintenance agreement is a comprehensive form of asset management. Typically, O&M agreements can be tailored to cover the entire scope of operational, management, and maintenance services, as well as providing the installation with performance guarantees.

Wärtsilä is an experienced operator, with a proven track record in operation and maintenance services. Globally, more than 17 GW of generating capacity in both marine and land based installations – a total of 543 installations – is covered by Wärtsilä’s asset management and other service agreements. Of these contracted installations, 28 are in Africa.

Press release 15 December 2006:
Wärtsilä 47 MWe power plant for Nigerian cement works

Press release 12 December 2007:
Wärtsilä has signed several O&M agreements in Africa and Pakistan

For further information please contact:

A.P. Singh
General Manager
Wärtsilä Solutions Support Services, South Europe & Africa.
Tel. +358 10 709 2603
a.p.singh@wartsila.com

Tuula Franck
Senior Manager, Media and Stakeholder Relations
Wärtsilä Corporation
Tel: +358 400 267555
tuula.franck@wartsila.com

Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2011, Wärtsilä’s net sales totalled EUR 4.2 billion with approximately 18,000 employees. The company has operations in nearly 170 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com