Wärtsilä’s success story in Bangladesh continues

Wärtsilä Corporation, Press release 24 July 2018 at 10:00 UTC+2

The technology group Wärtsilä continues to support Bangladesh’s need to expand its electricity supply to both domestic and industrial consumers. The Bangladeshi government is anxious to promote economic growth and a reliable, flexible power supply is an essential element in achieving this goal. Wärtsilä’s ability to deliver the needed generating capacity on a fast-track basis has emerged as a central pillar of this programme. The latest order, which was booked in June, is for a 114 MW power plant to be located in Feni, Bangladesh. The customer is Sri Lanka-based Infra & Engineering (pvt) Ltd, a member of the LTL Holdings group.

The new baseload plant will run on six Wärtsilä 50 and one Wärtsilä 20 engines. The equipment is scheduled for delivery in December of this year, and the facility is expected to become fully operational in autumn 2019. The electricity generated will be fed to the national grid.

“We have worked with Wärtsilä for more than 20 years, both in Sri Lanka and overseas. We are, therefore, familiar with the quality and reliability of their power solutions and, after thorough evaluation, have again selected Wärtsilä as our major equipment supplier for this project. We look forward to receiving the same level of successful support for this project as that provided by Wärtsilä in the past,” said Mr. U.D. Jayawardana, Chief Executive Officer, LTL Holdings (Pvt) Ltd.  

“Our success story here has not happened by accident. Wärtsilä’s ability to understand the needs, to react quickly to them, and to supply the flexibility and reliability that meets the requirements, is why these orders are coming our way,” explained Göran Richardsson, Regional Director, South Asia, Wärtsilä Energy Solutions.

LTL Holdings is the largest and most established engineering company in Sri Lanka and the company has expanded into the international arena through its complete power sector supply chain capabilities. Wärtsilä has earlier worked closely with LTL Holdings on successful projects in both Sri Lanka and Bangladesh.

During the past 12 months, Wärtsilä has previously booked orders for 11 power plant deliveries to Bangladesh. The company already provides approximately 25 percent of the country’s grid capacity, and when this latest order is delivered and installed Wärtsilä’s total power supply to Bangladesh will exceed 4500 MW.

For more information, please contact:

Raquef Reaz
Business Development Manager
Wärtsilä Energy Solutions
Tel: (+88) 0171 3443 228

Jillur Rahim
Managing Director
Wärtsilä Bangladesh
Tel: +880 1713 443 245

Wärtsilä Energy Solutions in brief
Wärtsilä Energy Solutions is a leading global energy system integrator offering a broad range of environmentally sound solutions. Our offering includes ultra-flexible internal combustion engine based power plants, utility-scale solar PV power plants, energy storage & integration solutions, as well as LNG terminals and distribution systems. The flexible and efficient Wärtsilä solutions provide customers with superior value and enable a transition to a more sustainable and modern energy system. At the end of 2017, Wärtsilä had 67 GW of installed power plant capacity in 177 countries around the world.

Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä’s net sales totalled EUR 4.9 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.