Wärtsilä to Deliver Another Major Power Plant to Pakistan
Wärtsilä has received another major order from Pakistan. The order was placed by independent power producer (IPP), Liberty Power Tech Ltd. and the value of the contract is approximately EUR 137 million. The total gross electrical power output of the power plant is 200 MWe and the plant 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 Liberty Power Tech combined cycle solution is an EPC (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.
The Liberty Power Tech power plant will have a notably high overall efficiency of 45 percent for the lifetime of the plant when running on heavy fuel oil at site conditions. This level of efficiency on low-cost fuel oil will enable the generating costs to be very competitive.
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