Wärtsilä contracted to supply two power plant...

Wärtsilä Corporation, Trade and Technical Press release, 10 January 2012

The Government of Bangladesh has initiated a programme to rapidly increase its
country's electricity production. Wärtsilä's ability to supply efficient and
flexible generating equipment on a fast-track basis has resulted in two
important new contracts. Another key factor in Wärtsilä being awarded these
important contracts was the company's unique technological ability to easily
convert the engines to run on gas once gas becomes available.

Wärtsilä, a leading global supplier of flexible and efficient power plant
solutions, has been awarded two contracts to supply power plant generating
equipment to Bangladesh. The total overall output of these two plants will be
over 200 MW, and they will produce electricity to be supplied to the national
grid. In each case, delivery will be made on a fast-track basis in order to meet
the tight construction schedules. Both plants are scheduled to be operational
before the end of 2012. The orders are included in the fourth quarter 2011 order
book.

PowerPac Mutiara Jamalpur Power Plant Ltd, an independent power producer (IPP),
has ordered twelve 20-cylinder Wärtsilä 32 generating sets with a total output
of approximately 100 MW. The new power plant will operate initially on heavy
fuel oil (HFO), but the engines are ready to switch to gas operation when a
supply of natural gas becomes available. The same owner - PowerPac-Mutiara
Consortium - has also ordered six 18-cylinder Wärtsilä 46 engines in V-
configuration and auxiliary equipment for its Khulna power plant project. The
output of the Khulna power plant will be over 100 MW.

"These are important orders, for Wärtsilä of course, but also for the Bangladesh
Power Development Board, which urgently needs this additional generating
capacity. Our ability to supply the needed equipment within a very short time-
frame was crucial to the award of these contracts, as was our strong track
record in Bangladesh. Furthermore, a unique feature of our engine technology is
that where required, they can be easily converted to run on gas as soon as a gas
supply is available, and this too was a key factor in the award of these
contracts. Wärtsilä employs nearly 500 people in the country, and as a result,
can give unmatched support to all Wärtsilä installations throughout the region,"
says Göran Richardsson, Sales Director, Wärtsilä Power Plants Asia.

With these two power plants, Wärtsilä currently already has in excess of 1850 MW
of installed or to be installed power generating capacity in Bangladesh. One-
third of this is also operated and maintained under contract by Wärtsilä.

Links to earlier published press releases:
Wärtsilä awarded four new contracts to alleviate Bangladesh power shortage,
Wärtsilä Trade press release 19 August 2010
Wärtsilä to supply equipment for two new power plants to Bangladesh, Wärtsilä
Trade press release 21 June 2010
Going the extra mile, article in Wärtsilä's stakeholder magazine Twentyfour7.
issue 3/2011


For further information, please contact:

Göran Richardsson
Sales Director
Wärtsilä Power Plants Asia
Tel: [phone]
[e-mail]

Tuula Franck
Senior Manager, Media and Stakeholder Relations
Wärtsilä Corporation
Tel: [phone]
[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 2010, Wärtsilä's net sales
totalled EUR 4.6 billion with more than 17,500 employees. The company has
operations in 160 locations in 70 countries around the world. Wärtsilä is listed
on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com









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