Wärtsilä signs service agreement to operate and maintain Kenyan power plant

Wärtsilä signs service agreement to operate and maintain Kenyan power plant

ID: 167200

(Thomson Reuters ONE) -


Wärtsilä Corporation, Press Release, 20 July 2012 at 10 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 Gulf Power Ltd (GPL), a subsidiary of Gulf Energy Ltd, a market leader in
the Kenyan energy sector.

The agreement is for ten years, and will cover the full operations, maintenance
and servicing of the power plant to be built, located in Athi River, southeast
of Nairobi. The contract to supply the turnkey power plant was signed in March
2012. The plant will be powered by Wärtsilä engines running on heavy fuel oil
(HFO), and is scheduled to be completed by September 2013. When operational, it
will have an electrical output capacity of 80 MW that will be fed to the grid.
It will be the third largest HFO power plant installed in Kenya to be
exclusively operated by Wärtsilä.

"Our extensive experience and know-how in O&M, together with the efficiency and
reliability of the Wärtsilä equipment, will be of tremendous value in ensuring
the success of this important project," says A.P. Singh, General Manager,
Wärtsilä Services, South Europe & Africa. "The power plant is designed with high
operating efficiency, low generating costs, and reliability as key criteria, and
these are all areas where Wärtsilä excels."

The GPL power plant will greatly assist Kenya to achieve a more diversified
energy mix and increased stability in its power generation. The country relies
heavily on hydropower, which is frequently prone to supply interruptions because
of drought. This new power plant will, therefore, notably increase Kenya's
installed thermal generation capacity. Norman Wanyiri, General Manager, Gulf
Power Ltd, said: "This is a milestone achievement in developing the power
generation business in Kenya."





Wärtsilä's total installed thermal generating capacity in Kenya will be some
434 MW by the end of 2013 when the GPL power plant comes on stream. This
represents approximately 60 percent of the country's total thermal capacity.

O&M Agreements

An Operations and Maintenance agreement is a comprehensive form of asset
management. Typically, such agreements can be tailored to cover the entire scope
of operational, management, and maintenance services, as well as providing
performance guarantees for the installation. By taking responsibility for
operating and maintaining the facility, Wärtsilä will implement its global best
practices to ensure that it delivers the design output with maximum efficiency.

Wärtsilä is an experienced operator, with a proven track record in O&M services.
Globally, more than 16 GW of generating capacity in both marine and land-based
installations - a total of 506 installations to date - is covered by Wärtsilä's
O&M and other service agreements, of which 18 such agreements are in Africa. The
GPL agreement is Wärtsilä's third O&M agreement in Kenya.

For further information please contact:

A.P.Singh
General Manager
Wärtsilä Services
South Europe & Africa
Wärtsilä Finland Oy
Tel. +358  40  587 5549
a.p.singh(at)wartsila.com

Tuula Franck
Senior Manager, Media and Stakeholder Relations
Wärtsilä Corporation
Tel: +358 400 267 555
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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Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Wärtsilä Oyj Abp via Thomson Reuters ONE
[HUG#1628210]




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Bereitgestellt von Benutzer: hugin
Datum: 20.07.2012 - 09:01 Uhr
Sprache: Deutsch
News-ID 167200
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