Wärtsilä and PLN sign cooperation agreement to develop power generation in Indonesia
(Thomson Reuters ONE) -
Wärtsilä Corporation, Press release, 16 September 2016 at 11:30 am EET
Wärtsilä and PT Perusahan Listrik Negara (PLN), the state power company of
Indonesia have signed a Memorandum of Understanding (MoU) today. The MoU was
signed in conjunction with Indonesian State Owned Enterprises Minister Rini
Soemarno's visit to Finland. With this agreement, both parties agree to
cooperate on the development of 500 megawatts (MW) of power generation solutions
and related small scale LNG storage and regasification infrastructure in
Indonesia. This power generation is forecasted to be contracted and installed as
several projects during the next two years. Another major aspect in this
agreement is the emphasis put on further developing local Indonesian capability
in power projects execution, knowledge transfer and development of local skills.
Thanks to a rapidly developing economy, the standard of living in Indonesia has
significantly improved in recent years. Supporting further economic growth
requires large investment in the development of infrastructure, particularly in
power generation. An additional priority of the Indonesian government is to
ensure equal availability of reliable power supply through the entire Indonesian
archipelago. In order to reach these targets, an ambitious program of adding
35 000MW of power generation capacity to their system by 2019 was started in
2015. The 500MW of power generation capacity covered in the MoU will help PLN in
implementing this program.
"Wärtsilä's proven capability to deliver high quality, efficient, and flexible
power plant solutions on a fast-track basis is perfectly suited to the
requirements of Indonesia" says Javier Cavada, President Wärtsilä Energy
Solutions. "With this MoU, Wärtsilä is also pleased to express its strong
commitment towards the development of Indonesian manufacturing skills and
knowledge transfer as it is the basis for a mutually beneficial and long
relationship."
Wärtsilä has been present in Indonesia for more than 30 years during which it
has installed more than 3GW of power generation capacity. Some of the recent
projects using Wärtsilä's internal combustion engine technology are the 200MW
dual fuel Pesanggaran plant, 184MW Arun power plant and the Bangkanai 150MW
power plant.
Media contacts:
Mr Javier Cavada
President
Wärtsilä Energy Solutions
Tel: +358 10 709 5297
javier.cavada(at)wartsila.com
Mr Atte Palomäki
Executive Vice President, Communications & Branding
Wärtsilä Corporation
Tel. +358 10 709 5599
atte.palomaki(at)wartsila.com
Wärtsilä Energy Solutions in brief:
Wärtsilä Energy Solutions is a leading global supplier of ultra-flexible power
plants of up to 600 MW operating on various gaseous and liquid fuels. Our
portfolio includes unique solutions for baseload, peaking, reserve and load-
following power generation, as well as for balancing intermittent renewable
energy. Wärtsilä Energy Solutions also provides utility-scale solar PV power
plants, as well as LNG terminals and distribution systems. As of 2016, Wärtsilä
has 60 GW of installed power plant capacity in 176 countries around the world.
www.smartpowergeneration.com
Wärtsilä in brief:
Wärtsilä is a global leader in advanced technologies and complete lifecycle
solutions for the marine and energy markets. By emphasising sustainable
innovation and total efficiency, Wärtsilä maximises the environmental and
economic performance of the vessels and power plants of its customers. In 2015,
Wärtsilä's net sales totalled EUR 5 billion with approximately 18,800 employees.
The company has operations in over 200 locations in more than 70 countries
around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wärtsilä Oyj Abp via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 16.09.2016 - 10:30 Uhr
Sprache: Deutsch
News-ID 495186
Anzahl Zeichen: 4600
contact information:
Town:
Helsinki
Kategorie:
Business News
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"Wärtsilä and PLN sign cooperation agreement to develop power generation in Indonesia"
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