November 10, 2016 - 2:30 AM EST
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Wärtsilä supplies a 57 MW power plant to Sierra Leone

Wärtsilä Corporation, Press release, 10 November 2016 at 9:30 am EET

Wärtsilä has been appointed the EPC contractor for a 57 MW Smart Power Generation plant to be supplied to CECA SL Generation Ltd., a Sierra Leone company co-owned by CEC Africa Investments and TCQ Power. The turn-key order includes six Wärtsilä 32 engines running on heavy fuel oil. The plant is expected to be operational within 18 months from the ground-breaking.

The project will have a significant impact on the development of Sierra Leone's energy infrastructure. Upon completion of this project, the availability of energy in Sierra Leone will increase by 40%. Wärtsilä's scope of supply includes the engineering, procurement and construction (EPC) of the power plant, plus 1.3 km of fuel pipeline from a jetty to the site, and 8 km of overhead power lines. The order was included in Wärtsilä's order book in Q3 2016.

Electricity access in Sierra Leone is amongst the lowest in the world with less than 15 percent of the population having access to the grid. The existing installed system capacity serving the capital Freetown totals about 84 MW, predominantly from hydro sources. During the dry season, when the available hydropower drops to extremely low levels, the reduced availability and subsequently high cost of electricity impose lost economic opportunities for the local population and businesses. The new 57 MW power plant is responding to a critical need for baseload generation capacity.

"We wanted a best quality product and firm. Wärtsilä is an experienced EPC contractor in Africa, and their engines are easy to operate and inexpensive to maintain," says Karim Nasser, CEO at TCQ Power.  According to Karim Nasser, the new power station will provide reliable and efficient 24hr electricity to the locals which eventually will facilitate the country's economic growth. "We hope this project will mark the beginning of a new era in the country," continues Mr. Nasser. 

Wärtsilä has a strong footprint in Africa with over 6500 MW of installed base. Globally, Wärtsilä's installed base is 60 GW in 176 countries.

Link to image
Caption: The 57 MW Wärtsilä Power Plant in Freetown, Sierra Leone

For more information please contact:

Jean-Christophe Reymond
Business Development Manager
Wärtsilä Energy Solutions
Tel: +33 6 89841163
Jean-christophe.reymond@wartsila.com

Jukka-Pekka Niemi
General Manager, Marketing
Wärtsilä Energy Solutions
Tel: +358 50 465 2805
jukka-pekka.niemi@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


Source: Thomson Reuters ONE (November 10, 2016 - 2:30 AM EST)

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