Pöyry extends its owner's engineering services project in Sri Lanka

Pöyry extends its owner's engineering services project in Sri Lanka

ID: 85650

(Thomson Reuters ONE) -


PÖYRY PLC          Press release 9 November 2011

Pöyry's Energy Business Group has been awarded an owner's engineering services
contract for the second and third phase of the Puttalam coal power project in
Sri Lanka. The client is the Ceylon Electricity Board, who has entered into an
EPC contract with China Machinery Engineering Corporation. The value of Pöyry's
services is EUR 8.3 million and the project will be included in Pöyry's fourth
quarter order stock. Pöyry has already successfully concluded the first stage of
the project.

The power plant is located on the Kalpitiya peninsula on the west coast of Sri
Lanka, about 120 km north of Colombo. The remaining phases of the project
include 2*300 MW power units, the extension of the offshore coal unloading
facilities with barging and unloading cranes on a jetty, and a second 95 km long
220 kV transmission line and remote outdoor substation. The final completion of
the entire project is expected by mid 2014.

"This Owner's Engineering assignment is the result of a long-standing
relationship with Ceylon Electricity Board and our continuous commitment for the
client. It underlines Pöyry's position as a leading consulting and engineering
company in the international power industry. Availability of outstanding
experts, comprehensive knowledge of large investment projects in the power
sector and close day-to-day cooperation with our clients are the success factors
in this business", Philipp Elkuch, President, Business Area Central Europe,
Energy Business Group says.

Pöyry has been active in the hydro- and thermal power market in Sri Lanka since
1980. In this project Pöyry's services include the review and approval of the
EPC contractor's basic and detail design, project management, construction and
commissioning supervisory services at the site, as well as know-how transfer and




training.

PÖYRY PLC

Additional information:
Ari Asikainen, President, Energy Business Group, Finland
Tel. +358 10 33 24476
Philipp Elkuch, President, Business Area Central Europe, Energy Business Group
Tel. +41 44 355 5554

Pöyry is a global consulting and engineering company dedicated to balanced
sustainability and responsible business. With quality and integrity at our core,
we deliver best-in-class management consulting, total solutions, and design and
supervision. Our in-depth expertise extends to the fields of energy, industry,
urban & mobility, and water & environment. Pöyry has 7,000 experts and a local
office network in about 50 countries. Pöyry's net sales in 2010 were EUR 682
million and the company's shares are quoted on NASDAQ OMX Helsinki. (Pöyry PLC:
POY1V).

DISTRIBUTION:
Major media
www.poyry.com








This announcement is distributed by Thomson Reuters on behalf of
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: Pöyry Oyj via Thomson Reuters ONE

[HUG#1562303]


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Datum: 09.11.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 85650
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