Wärtsilä wins EUR 57 million contract to supp...

Wärtsilä Corporation, Press release, 17 September 2009, at 11.30 am
(EET)

Wärtsilä, a leading supplier of flexible power plants for the
decentralized power generation market, has been contracted to supply
a barge-mounted power plant to serve a mining operation in Papua New
Guinea. The contract, signed in August, is valued at approximately
EUR 57 million. The customer is Lihir Gold Limited, a leading global
gold company, and the power plant will provide electricity to its
Lihir Island gold mine. The power plant is scheduled to be fully
operational by April 2011.

The barge-mounted plant will be based on Wärtsilä 20V32 engines
operating on heavy fuel oil. Since the plant is planned as being an
interim solution to the company's power needs for the site, it was
decided to mount the power plant on a barge so that it can be later
moved to another location when no longer needed at Lihir Island.

A barge-mounted power plant solution has the excellent advantage of
location flexibility, and is, therefore, an ideal solution for
producing power on an interim basis. Wärtsilä has earlier supplied
some 20 power barges to the Philippines, Jamaica, the Dominican
Republic and Bangladesh.

Extra electrical power was needed at the mine since Lihir Gold
Limited is in the process of extending the facilities. The company
required a flexible power solution for interim use, and emphasised
the importance of having a firm and specified delivery time.

"Wärtsilä has been able to assure this valued customer that we can
meet the delivery requirements, and we have worked closely with them
throughout the process in evaluating different solutions, scope
levels and clarifications. Our past experience in providing
barge-mounted power plant solutions, together with our support
capabilities in the region, were both important factors in Wärtsilä
winning this valuable contract", says Alf Doktar, Regional Director,
Asia and Australia, Wärtsilä Power Plants.

Wärtsilä has earlier supplied more than 200 MW of power generating
equipment for a number of projects in Papua New Guinea, including
twelve Wärtsilä 32 type engines to Lihir Gold Limited.


For further information, please contact:

Mr Atte Palomäki
Group Vice President, Communications & Branding
Wärtsilä Corporation
Tel:       [phone]
e-mail: [e-mail]


Mr Alf Doktar
Regional Director Asia and Australia
Wärtsilä Power Plants
Mobile: [phone]
e-mail: [e-mail]

Trade media contacts:
Ms Maria Nystrand
Publicity Manager,
Wärtsilä Power Plants
Direct tel:  [phone]
e-mail:  [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.

www.wartsila.com


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