Wärtsilä contracted to operate and maintain c...

Wärtsilä Corporation, Trade and Technical Press release, 23 December 2009

Wärtsilä,   a  leading  provider  of  flexible  decentralised  power  generation
solutions,  has  been  awarded  an  important  operations  and maintenance (O&M)
contract  by the Vedanta Group company, Hindustan Zinc, India, a global producer
of zinc and lead.

The  contract  covers  the  complete  operation  and  maintenance  of the entire
coal-fired  power plant, including the coal  and ash handling facilities and the
de-mineralised  water plant. The order was  placed in November 2009. This 160 MW
capacity  power plant, located in Rajpura  Dariba, near Udaipur in Rajasthan, is
part of Hindustan Zinc’s Phase-III expansion plans.

The  order is of particular significance for Wärtsilä as it involves running and
servicing  generating equipment not supplied  by Wärtsilä. When fully completed,
the  power plant will supply electricity to the Dariba Mines mining and smelting
complex.  The first phase of the power project is expected to be commissioned on
March 1, 2010 and the final phase by August 2010.

Wärtsilä  provides operations and management services that maintain the lifetime
productivity  of  the  customer’s  investment.  By  signing  an  operations  and
maintenance agreement with Wärtsilä, the customer can focus on his core business
while  Wärtsilä ensures  the optimal  performance of  the installation. Wärtsilä
operates  and maintains 130 installations, with a total output of close to 4900
MW,  all over the  world. The company  employs approximately 1900 people for its
global O&M activities.

Wärtsilä already has O&M agreements for six other sites owned by the same group,
producing  a total  combined electrical  output of  180 MW, In  all, Wärtsilä is
currently  contracted  to  operate  and  maintain  close to 60 power plants with
approximately 1000 MW of generating capacity throughout India.

“Wärtsilä’s  successful O&M track record played an important role in the winning
of this latest contract,” said a company official of Hindustan Zinc.

Upon  announcing this order, Rakesh Sarin, Managing Director, Wärtsilä in India,
commented:   “This   project  represents  a  big  step  for  Wärtsilä  India  in
establishing  itself  as  a  major  player  in the operations and maintenance of
large,  coal-based  power  plants.  We  faced  stiff  competition throughout the
negotiating period, but our commitment to the customer, our competitive pricing,
and  above all, the positive feed-back from Wärtsilä operated power plants owned
by the same group, were the decisive factors.”

The  contract is for a 5-year period  plus a three-month mobilisation period. It
is  anticipated that  Wärtsilä’s robust  methods and  processes will  assist the
customer  in achieving its performance parameters on a sustainable and long-term
basis.

Hindustan  Zinc  is  India’s  only,  and  the world’s second largest, integrated
producer of zinc and lead. The company is expected to become the world’s largest
producer of metals by mid 2010.

For further information, please contact:

Anoop Kundu
Associate Vice President-O&M Sales
Wärtsilä India
Direct Tel [phone]
e-mail: [e-mail] <mailto:[e-mail]>

Lydia D’Sa
Deputy General Manager-Corporate Communications
Wärtsilä India
Tel [phone]
e-mail: [e-mail] <mailto:[e-mail]>;
[e-mail] <mailto:[e-mail]>

Maria Nystrand
Publicity Manager,
Wärtsilä Power Plants
Direct tel: [phone]
e-mail: [e-mail] <mailto:[e-mail]>

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 maximises the environmental and economic performance of the
vessels and power plants of its customers.

In  2008, Wärtsilä’s net  sales totalled  EUR 4.6 billion with 19,000 employees.
The  company has operations  in 160 locations in  70 countries around the world.
Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.


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