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 January 26, 2016 - 2:00 AM EST
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Wärtsilä to optimise power plant performance in Timor-Leste

Wärtsilä Corporation, Press release, 26 January 2016 at 9 am EET

Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets has in November 2015 signed a five-year operations and maintenance (O&M) agreement with the Special Administrative Region of Oecusse for the Inur Sakato power plant in the Democratic Republic of Timor-Leste. The partnership optimises the power plant's performance and lifecycle. The O&M agreement reduces the plant's operating costs and improves financial predictability and risk management. In addition, Wärtsilä will train the plant's employees.

Wärtsilä takes full responsibility for plant operation and maintenance to ensure safe, efficient and reliable availability of electricity. A Wärtsilä O&M agreement provides comprehensive asset management to meet the customer need for operational, management and maintenance services and performance guarantees.

The Inur Sakato power plant is one of the first established infrastructures in Timor-Leste. The 17.3 MW power plant is the main power source for the entire Oecusse district. The Inur Sakato plant is powered by four Wärtsilä 34DF engines.

The dual-fuel Inur Sakato plant will run on light fuel oil but may be converted to natural gas later on.

"Wärtsilä's extensive experience and knowledge from power plant operating and maintenance were the key factors for this agreement that expands our partnership. We want to have in-depth knowledge in-house and to improve our local capability. Wärtsilä is the best partner from which to learn from," says Lino MNC Correia of Special Administrative Region of Oecusse.

"We are excited to deepen the relationship with the Democratic Republic of Timor-Leste. Wärtsilä as an operations and maintenance partner is able to provide reliable supply of electricity and optimise the performance of the Inur Sakato plant with minimum risks and costs," comments John Sydney, Director of Wärtsilä's Service Unit Australasia.

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Caption: The Inur Sakato power plant is one of the first established infrastructures in Timor-Leste and the main power source for the Oecusse district.


For further information, please contact:

John Sydney
Service Unit Director
Wärtsilä Service Unit Australasia
john.sydney@wartsila.com
Tel: +61 418 645 060

Steve Jones
Senior Manager, Business Development and SUAA Projects & Agreements
Wärtsilä Australia
steve.jones@wartsila.com
Tel: +61 8 9410 1300

Hanna Viita
Director, Marketing
Wärtsilä Corporation
hanna.viita@wartsila.com 
Tel: +358 40 167 1755

Wärtsilä Services in brief
Wärtsilä Services creates lifecycle services for its customers, enhancing their business - whenever, wherever. We provide industry's broadest range of services for both shipping and power generation. Our solutions range from spare parts and basic support to ensuring maximised lifetime, increased efficiency and guaranteed performance of customer's equipment or installation - in a safe, reliable, and environmentally sustainable way.

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 maximizes the environmental and economic performance of the vessels and power plants of its customers. In 2014, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 17,700 employees. The company has operations in more than 200 locations in nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com
Wärtsilä Newsroom





This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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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Source: Thomson Reuters ONE (January 26, 2016 - 2:00 AM EST)

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