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MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Wärtsilä Oyj    WRT1V   FI0009003727

WÄRTSILÄ OYJ

(WRT1V)
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Wärtsilä Oyj : Wärtsilä Optimised maintenance solution will enhance availability and reliability of 200 MW Cambodian power plant

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09/16/2020 | 03:05am EDT

The technology group Wärtsilä has signed a specially tailored optimised maintenance agreement covering the Electricite du Cambodge (EDC) C7 power plant, located close to Phnom Penh in Cambodia. The agreement is with SchneiTec, the company responsible for the maintenance of the power plant. The order was booked by Wärtsilä in August 2020.

The aim of the five-year agreement is to support the availability, performance, and reliability of the 12 Wärtsilä 50DF dual-fuel engines that generate a total of 200 MW of output to the grid. Wärtsilä will supply high quality spare parts as needed while also providing maintenance planning, as well as remote asset diagnostics, guidance, and troubleshooting in the event of unplanned shutdowns or emergencies.

'We appreciate the support from Wärtsilä in optimising the maintenance of this plant. Being the engine supplier, Wärtsilä's original equipment manufactured spare parts are sure to be fit-for-purpose without any risk of compromising either performance or reliability. The agreement also provides cost predictability, which is very important,' commented Tann Tourthang, General Manager, HFO/LNG division, SchneiTec Co.Ltd.

'Our remote services can help to monitor the engines' running data, and identify possible anomalies. We can then provide proactive assistance to the site crew to ensure uninterrupted and smooth power generation to benefit SchneiTec, EDC and in the end the entire Cambodian society. This is an essential element within our lifecycle support approach. We will help to make this Wärtsilä power plant the role model power plant with the highest operation and maintenance standard in Cambodia,' said Nicolas Leong, Wärtsilä Energy Business Director, North and South East Asia.

The EDC C7 power plant is playing an important role in meeting Cambodia's electricity shortage. The Wärtsilä engines also provide the fast-starting, load-balancing flexibility to deliver the needed grid stability as Cambodia continues to utilise an increasing share of renewable energy, in particular solar power. Renewable energy, complemented by the flexible power baseload power plant supplied by Wärtsilä, will ensure a stable power supply at the lowest levelized cost of energy.

Image caption: Wärtsilä Optimised maintenance agreement will support the performance and reliability of Electricite du Cambodge's C7 200 MW power plant in Phnom Penh, Cambodia.
© CGGC INTERNATIONAL LTD. and CGGC-UNPOWER Co.Ltd.

Related press release: Wärtsilä's fast track delivery of a 200 MW engine power plant will help meet Cambodia's rapidly growing electricity demand

Read more:
Wärtsilä Lifecycle solutions
Wärtsilä 50DF multi-fuel power plants
Article: Optimising power plant operations through remote support

For more information, please contact:

Mirja-Maija Santala
Manager, Marketing & Communications
Wärtsilä Energy Business
Mob: +358 400 793 827

mirja-maija.santala@wartsila.com

Wärtsilä Energy in brief
Wärtsilä Energy leads the transition towards a 100% renewable energy future. We help our customers unlock the value of the energy transition by optimising their energy systems and future-proofing their assets. Our offering comprises flexible power plants, energy management systems, and storage, as well as lifecycle services that ensure increased efficiency and guaranteed performance. Wärtsilä has delivered 72 GW of power plant capacity in 180 countries around the world.
https://www.wartsila.com/energy/

Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä's net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com

Disclaimer

Wärtsilä Oyj published this content on 16 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2020 06:04:06 UTC


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Sales 2020 4 664 M 5 445 M 5 445 M
Net income 2020 160 M 187 M 187 M
Net Debt 2020 651 M 760 M 760 M
P/E ratio 2020 24,8x
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