Wärtsilä signs 100th O&M Contract

Wartsila Corporation, Trade press release, 31 October 2002 at 02:01 UTC+2

Wärtsilä Corporation Trade & Technical Press 31 October 2002

Wärtsilä’s Operations and Maintenance group has reached an exciting milestone by signing its 100th O&M contract with Hindustan Zinc Limited, one of India’s leading Zinc-Lead producers. The contract includes full operation of a 29.62 MW plant in Udaipur, India.

“Awareness of the benefits of a comprehensive O&M setup is increasing throughout the industry,” comments Tomas Rönn, General Manager, Operations and Maintenance Sales. “The fact we are celebrating our 100th O&M contract shows that more and more companies see a professionally managed O&M program as being essential for the successful performance of any power generating facility.”
In fact, in this year alone, Wärtsilä has signed nine new O&M contracts in India with a total output of 80.6 MW, showing India to be an important market area for the company.
Brazil, too, has proved another successful region for Wärtsilä, with 3 new contracts signed in 2002 with a combined output of 208 MW.
Wärtsilä believes strongly in Long Term Service Agreements (LTSAs). Rönn explains, “From the customer’s point of view the development is moving towards outsourcing and concentration on their core business. Having a LTSA, the owner optimises the production cost and secures maximum plant lifetime; all this using the latest equipment and expertise directly from the manufacturer.”
To date, Wärtsilä’s O&M agreements have been mainly for operating Power Plants, but the company is now expanding to Marine and Offshore sectors and has already obtained contracts for operating machinery on offshore rigs.
Wärtsilä’s Operations and Maintenance group specialises in operating and maintaining power plants, from the smallest to the largest, incorporating the know-how of the power plant designer and supplier, with the experience of professional operators and the maintenance knowledge of the company’s global service network.

Notes to the editor
Hindustan Zinc Limited
Headquartered in Udaipur, Rajasthan, Hindustan Zinc Limited (HZL) is one of India’s leading Zinc-Lead producers with vertical integration in other non-ferrous metals as well.
HZL’s operations are broad based and its activities range from exploration, mining, ore processing, smelting and refining of lead, zinc, silver, cadmium, copper and  sulphuric acid.  HZL operates a group of lead-zinc mines with a total lead-zinc ore production capacity of 3.34 million tpa and four smelters with combined installed capacity of 169,000 tpa zinc and 43,000 tpa lead respectively. The company offers different zinc metal grades viz. H.G., S.H.G. & P.W. to its consumers besides lead and other by-products.

Over the last three decades, HZL has endeavoured for a steady improvement in its operations through forward planning, excellent team work, research and development, and technology versatility.

HZL is listed on the Bombay, Delhi and Jaipur stock exchanges.  More information can be found at www.hzlindia.com

Wärtsilä Corporation

Wärtsilä Corporation is the leading global ship power supplier and a major provider of solutions for decentralised power generation and of supporting services.
Wärtsilä service and operations business builds on the Group’s global base of installed engines and power plants. With this activity the Group supports its customers throughout the lifecycle of these products. Wärtsilä offers a complete range of proactive services, including performance optimisation, modernisation and operations support.
Wärtsilä service solutions support the operation and maintenance, performance and economy of engines and installations, covering all Wärtsilä and Sulzer engines as well as older engine brands.
Wärtsilä is headquartered in Helsinki, Finland with subsidiaries in over 60 countries. For more information on Wärtsilä, visit the corporate web site at www.wartsila.com
For more information, please contact:

Wärtsilä Corporation (Finland) or     Pilot (UK)
Dan Pettersson                                 John Goss / Liz O’Mahony
Tel: + 358 10 709 2214                   Tel: + 44 (0) 208 948 8485
Fax: + 358 10 709 2422                   Fax: + 44 (0) 208 948 8563
Web: www.wartsila.com                   Web: www.pilotpr.co.uk
Email: dan.pettersson@wartsila.com  Email: john@pilotpr.co.uk/liz@pilotpr.co.uk