Wärtsilä to supply 50 MW power plant to El Salvador

Wärtsilä Corporation, Press release 23 February 2006 at 14:00 UTC+2

Wärtsilä will supply a 50 MW power plant to El Salvador in Central America. The value of the contract is approximately EUR 42 million (USD 50 million). The deal was closed in January with Comisión Hidroeléctrica del Rió Lempa (CEL), the national utility in El Salvador.

Mr Nicolas Salume, President and Chairman of the Board of CEL, states, “We are much pleased with Wärtsilä’s fast-track proposal. Our evaluation committee and the international consultant firm Fichtner concluded that Wärtsilä’s proposal was the best for CEL’s needs.”

“Wärtsilä’s technology was selected for its demonstrated economic, reliable, and environmentally sound operation on low-cost fuels and fast-track delivery,” says Mr Frank Donnelly, Vice-President of Wärtsilä North America Inc.

The scope of Wärtsilä’s contract covers power plant engineering, supply, construction and commissioning. The plant, with three Wärtsilä 46 engines operating on heavy fuel oil, will enter commercial operation in December 2006.

In 2005 CEL issued an international tender for a new power plant to be delivered on a fast-track basis. Wärtsilä won the tender, which had three bidders. CEL was particularly interested in the modular design of the Wärtsilä plants because the utility required the design and installation of this first phase to accommodate later easy expansion of the plant up to a generating capacity of 200 MW.

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 12 000 professionals manning 130 Wärtsilä offices in over 60 countries around the world.

www.wartsila.com

Further information: Eeva Kainulainen Vice President, Corporate Communications Wärtsilä Corporation Tel: +358 (0) 10 709 5235 or +358 (0) 40 568 0591.

This is the shorter of two versions of this press release. The longer version contains more technical information. Both are available at http://www.wartsila.com.