Wärtsilä gets contract from Ace Alliance Power
Finland's Wärtsilä will supply power generation equipment to Ace Alliance Power Ltd, owned by Summit Group of Companies, to add 150 megawatts of electricity to the national grid.
The order comprises eight Wärtsilä 50 and one Wärtsilä 32 engines, the Finnish company said in a statement yesterday.
The contract includes the engineering and equipment with additional advisory services for the power plant's installation, testing and commissioning, as well as on-site staff training.
The equipment is scheduled to be delivered during the second half of 2017, and the plant is scheduled to be operational in early 2018. The order is booked in the first quarter of 2017, said the statement.
The new power plant will be built in Gazipur and will feed power into the national grid. Summit Group is the largest private power producer in Bangladesh and has a long-established relationship in power plant construction with Wärtsilä.
In the last 20 years, Wärtsilä's installed capacity with Summit Group has grown to 750MW. With the latest contract, Wärtsilä's installed capacity with Summit Group will reach 900MW.
“With Wärtsilä we know that we get great solutions and great local support. We have been working together for 20 years and we are happy with our relationship,” said MA Wadud, managing director of Summit Power Ltd that owns 64 percent of Ace Alliance Power.
Göran Richardsson, regional director at Wärtsilä, said: “We are delighted to continue our good relationship with Summit Group. They value the fact that we are very well represented locally in Bangladesh.”
With this project, Wärtsilä provides roughly 25 percent of the grid capacity in Bangladesh with an installed base capacity of close to 3,000MW.
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