Wärtsilä signs 2 major deals in Bangladesh

Technology group Wärtsilä has signed two major maintenance management and operational advisory agreements with Summit Group, the largest independent power producer (IPP) in Bangladesh and a long-standing partner of Wartsila.

The seven-year agreements represent the biggest ever signed service deals in terms of MW generation in the Bangladesh energy sector, said the Finnish group in a press release.

The orders were booked by Wärtsilä in Q2, 2019.

The lifecycle solution agreements cover two power plants in Gazipur, Dhaka owned by Summit Gazipur II Power Ltd and Ace Alliance Power Ltd (Gazipur I), a subsidiary of Summit Power Limited, a publicly listed company in Bangladesh. The combined electrical output capacity of the plants is 464 MW.

The agreements are designed to meet the customers’ needs for ensuring maximum availability of the installations, optimising operating costs, and delivering reliable supplies to Bangladesh’s national grid.

"Summit and Wärtsilä share a long-standing partnership since the early days of private power generation in Bangladesh. Our plant in Gazipur was recently awarded as the fastest implemented power plant and we are happy to award its maintenance service contracts to Wärtsilä, enabling cost optimisation and reliable generation," said Summit Group Director Faisal Khan.

In addition to seven years of scheduled maintenance, the agreements include yearly maintenance management coordination and condition-based maintenance (CBM) services. CBM keeps the thermal and mechanical load at an optimum level for operation conditions and enables savings in fuel consumption, while simultaneously providing a more environmentally sound operation.

"Over the past 30 years, we have accumulated significant experience and deep know-how in operation and maintenance services. Globally, Wärtsilä has more than 22 GW of generating capacity from in excess of 500 marine and energy sector installations covered by lifecycle solution agreements. In Bangladesh, Wärtsilä has already five maintenance agreements with Summit Group, which speaks for itself about good cooperation and customer satisfaction. Performance of the plants with lifecycle solution agreements can be monitored remotely from our Digital Expertise Centres and we can advice our customers on dynamic maintenance schedules," said Wärtsilä Energy Services Middle East & Asia Director Henri van Boxtel.

Wärtsilä currently has in excess of 4,850 MW of installed or on order power generating capacity in Bangladesh. Of that, 1,100 MW generating plants are operated and maintained by Wärtsilä under contract.