Wärtsilä's renewed contract with Arkay Energy ensures reliable and cost efficient power suppl

Wärtsilä's renewed contract with Arkay Energy ensures reliable and cost efficient power supply in India

ID: 561447

(Thomson Reuters ONE) -


Wärtsilä Corporation, Press release, 27 September 2017 at 10 am EEST

The technology group Wärtsilä will support the Indian company Arkay Energy
(Rameswarm) Limited to reach higher electrical output and productivity, better
operational security and increased efficiency of its power plant in a remote and
developing area. The renewed operations and maintenance agreement was signed in
June 2017 for another five years.

The agreement covers the full operation and maintenance of the Arkay Energy
power plant which runs on natural gas, enhancing the installation's reliability
and efficiency throughout its lifecycle.

"The Arkay Energy plant is located in a remote location. We support Arkay Energy
by providing them with our quality services which include complete operations
and maintenance at the site and remote monitoring support from our Chennai
Office. This helps the customer achieve the desired reliability and efficiency,
while meeting the expectations of all stakeholders, including their end-
customers, authorities and the local Community," says James Rajan, Wärtsilä's
Director of Services Unit, South Asia.

The 150 MW base power plant is located at Ramanathapuram, Tamil Nadu, in
southern India. Wärtsilä's services include scheduled and unscheduled
maintenance of the plant's 16 Wärtsilä 34SG engines running on gas, auxiliaries,
waste heat recovery boilers and steam turbine as well as a 110 KV switchyard.
The scope also includes manpower services, spare parts and consumables.

Arkay Energy (Rameswarm) Limited is a subsidiary of Ind-Barath Power Infra
Limited (IBPIL) holding company. Power from the Arkay Energy plant is exported
to customers in the state of Tamil Nadu through the Tamilnadu Grid.

"We are very happy to extend our agreement with Wärtsilä for another five years.
As a long-term partner, Wärtsilä can provide us lifecycle services with smooth




transition of technology and help us avoid surprises," says Rajasekhara Rao,
President, Operations at Arkay Energy.

Link to image
Caption: Power from the Arkay Energy plant is exported to customers in the state
of Tamil Nadu through the Tamilnadu Grid.

For further information, please contact:

Kulkarni Sachin
General Manager, Sales
Wärtsilä Services
sachin.kulkarni(at)wartsila.com
Tel: + 91 222 781 8300

Hanna Viita
Director, Marketing
Wärtsilä Services
hanna.viita(at)wartsila.com
Tel: +358 40 167 1755

Wärtsilä Services in brief
Wärtsilä Services provides high-quality lifecycle services that enhance
customers' business. Its broad range of services supports both shipping and
power generation companies, whenever and wherever needed. Solutions range from
spare parts and basic support to ensuring the maximised lifetime, increased
efficiency and guaranteed performance of the customer's equipment or
installation - in a safe, reliable, and environmentally sustainable way.
www.wartsila.com/services

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 2016,
Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000
employees. The company has operations in over 200 locations in more than 70
countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
https://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




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Bereitgestellt von Benutzer: hugin
Datum: 27.09.2017 - 09:00 Uhr
Sprache: Deutsch
News-ID 561447
Anzahl Zeichen: 4299

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