Wärtsilä signs service agreement with Sasol's gas engine power plant in South Africa

Wärtsilä signs service agreement with Sasol's gas engine power plant in South Africa

ID: 145825

(Thomson Reuters ONE) -


Wärtsilä Corporation, Trade & Technical press release, 14 May 2012 at 11.30 am
EET

Wärtsilä, a leading global supplier of flexible and efficient power plant
solutions and services, has signed an Operations & Maintenance (O&M) agreement
with Sasol New Energy Holdings, a wholly owned subsidiary of Sasol, the
integrated global energy and chemical company. The three year agreement covers
the company's gas engine power plant project in Sasolburg, South Africa.

By taking responsibility for operating and maintaining the power plant, Wärtsilä
will implement its global best practices to ensure that it delivers the design
output with maximum efficiency. Local employees of Sasol New Energy will also be
trained as part of this agreement.

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's performance guarantees.

The Sasol New Energy plant is expected to start producing electricity towards
the end of 2012. It will be the largest power plant running exclusively on gas
engines to be installed on the African continent, and because of its low
emissions, will be a major advance in developing Sasol's electricity business.
The plant has installed capacity of 180 MW and it will provide the energy needed
to power the company's major new production facilities, such as the Sasol Wax
Expansion and Ethylene Purification Unit 5 projects, that are currently under
construction.

"The gas engine power plant employs a cleaner fossil fuel based technology than
traditional coal based technology and will reduce the CO(2) emissions by
approximately 1 million tons per annum. In addition, it also generates
electricity at a higher efficiency," says Kribs Govender, General Manager, Low




Carbon Electricity, Sasol New Energy.
( )
"Our long experience and extensive know-how in the O&M field, in combination
with the efficiency and reliability of the Wärtsilä equipment, will be of
tremendous value in ensuring the success of this important project. The
Sasolburg power plant is designed with high operating efficiency, low generating
costs, and a minimal carbon footprint in mind and these are all areas where
Wärtsilä excels," says A.P.Singh, General Manager, Wärtsilä Solutions Support
Services, South Europe & Africa.

Wärtsilä is an experienced operator, with a proven track record in operation and
maintenance services. Globally, more than 16 GW of generating capacity in both
marine and land based installations - more than 500 installations - is covered
by Wärtsilä's Operations & Maintenance and other service agreements. 18 such
agreements are in Africa. However, the Sasol agreement is Wärtsilä's first O&M
agreement in the Republic of South Africa. Speaking at the signing ceremony,
Henri Loubser, Managing Director, Sasol New Energy, said that this is a
milestone achievement in developing Sasol's electricity business.

Sasol New Energy was created by the Sasol Group to leverage Sasol's key
competitive advantage, which is developing and commercialising new technologies,
and implementing and operating facilities based on these technologies at large
scale. Sasol is exploring renewable and lower-carbon energy as well as carbon
capture and storage solutions.

Wärtsilä trade press release 4 July 2011:
Wärtsilä to supply Africa's largest purely gas fuelled combustion engine power
plant


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(at)wartsila.com

Tuula Franck
Senior Manager, Media and Stakeholder Relations
Wärtsilä Corporation
Tel: +358 400 267555
tuula.franck(at)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






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(i) the releases contained herein are protected by copyright and
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originality of the information contained therein.

Source: Wärtsilä Oyj Abp via Thomson Reuters ONE
[HUG#1611726]


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Bereitgestellt von Benutzer: hugin
Datum: 14.05.2012 - 10:31 Uhr
Sprache: Deutsch
News-ID 145825
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