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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 to deliver further 30 MW of capacity for leading Pakistani cement producer's power plant

11/25/2020 | 02:05am EST
The technology group Wärtsilä's long-standing preferred-supplier status with Lucky Cement, one of Pakistan's leading producers and exporters of cement, has resulted in yet more orders for engine generating sets. Lucky Cement's Pezu power plant in Pakistan's Khyber Pakhtunkhwa (KPK) province already operates with ten Wärtsilä dual-fuel engines supplying the electricity needed to run the production. With new cement lines installed, an additional three Wärtsilä 34DF dual-fuel engines, each with an output of 10 MW, have been ordered to provide the additional power required for the power plant without grid connection. The orders were placed in April, August, and November 2020.The Wärtsilä engines are capable of operating on various fuels, but will be fuelled primarily by natural gas, the cleanest of all fossil fuels producing notably lower levels of emissions than coal or oil. Furthermore, the Pezu facility is a combined cycle power plant, utilising steam generated from a waste heat recovery boiler to produce additional electricity, thus saving energy that would otherwise be wasted. In combined cycle mode, power plants can achieve efficiency levels much higher than conventional plants.

'It is important for large cement producers to have operational flexibility to run the power plant on multiple fuels in case the gas supply is interrupted, or whenever otherwise required. Wärtsilä's multi-fuel power generating technology provides the kind of flexibility that we need for an efficient and reliable power supply. The cement plant is relying purely on the power plant with Wärtsilä gensets supplying the power,' commented Syed Noman Hasan, Executive Director at Lucky Cement.

'There is no better endorsement of customer satisfaction than repeat orders, and we are delighted to have been once again selected to provide generating power for the Pezu plant. The efficiency and flexibility of the Wärtsilä 34DF engine promotes both reliability and environmental sustainability, making it an extremely popular choice for power plant applications around the world,' said Alexandre Eykerman, Energy Business Director, Middle East, Wärtsilä.

In addition to the engines, the Wärtsilä scope includes waste heat recovery boilers needed to produce the steam, which in turn will power the steam turbines for electricity generation in combined cycle mode. The first Wärtsilä engine is being delivered already in November 2020 and is expected to become fully operational in January 2021. The remaining two engines will be delivered by March 2021, and will become operational in May 2021.

The relationship between Wärtsilä and Lucky Cement is very strong, with five orders for Wärtsilä generating sets having been placed for delivery to different countries since 2019. Lucky Cement Pakistan has a production capacity of 12.15 million tons per annum.

Read more:
Multi-fuel power plants
Wärtsilä 34DF multi-fuel power plant

Media contact for more information on this release:

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

mirja-maija.santala@wartsila.com

Image: Arif Akram, Business Development Manager, Wärtsilä and Noman Hassan, Executive Director, Lucky Cement signed Wärtsilä generating set supply agreement for Pezu facility in August 2020. © Wärtsilä Corporation

All Wärtsilä releases are available at https://www.wartsila.com/media/news-releasesand at http://news.cision.com/wartsila-corporationwhere also the images can be downloaded.

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/energyWärtsilä 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 25 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2020 07:04:02 UTC


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Sales 2020 4 648 M 5 624 M 5 624 M
Net income 2020 166 M 201 M 201 M
Net Debt 2020 677 M 819 M 819 M
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