Wärtsilä gets another power plant order from Pakistan
Wärtsilä will deliver another major power plant to Pakistan valued at approximately $186 million with an electrical power output of 200 MWe.
The order for the plant was placed by Liberty Power Tech Ltd, an independent power producer (IPP). It will be located near Faisalabad some 200 km west from Lahore.
The power plant is due to be commissioned in December 2010 and it will supply electricity to the country's national grid. This order follows three other IPP projects signed by Wärtsilä in 2007 and 2008. Including these last four orders, the total generating capacity delivered by Wärtsilä to Pakistan will exceed 1700 MWe.
"The need for power generation and energy production is growing rapidly in Pakistan. With Wärtsilä's strong support and advisory services we have been able to arrange the financing for the power plant project," says Mr. Ashraf Mukaty, Sponsor Director of Liberty Power Tech Ltd.
Liberty Power Tech has signed a Power Purchase Agreement with the National Transmission & Despatch Company, and an Implementation Agreement with the Government of Pakistan under the 2002 Energy Policy of Pakistan.
The Liberty Power Tech combined cycle solution is an engineering, procurement and construction order and it will comprise eleven Wärtsilä 18V46 generating sets. In addition to the equipment supply, Wärtsilä will also erect, test and commission the plant and provide local construction supervision. An O&M contract to operate and maintain the power plant is also under negotiation between Wärtsilä and the customer.