Wrtsil company received another major order from Pakistan, by Liberty Power Tech Ltd, an independent power producer (IPP). The contract value is about euro 137 million. Total gross power output of the plant is 200 MWe, located near Faisalabad, Punjab, it is due to be commissioned in December 2010, and would supply electricity to the countrys national grid.
This order follows three other IPP projects signed by Wrtsil in 2007 and 2008. Including last four orders, total generating capacity delivered by Wrtsil to Pakistan, will exceed 1700 MWe.
Liberty Power Tech combined cycle solution is EPC (engineering, procurement and construction) order and comprises 11 Wrtsil 18V46 generating sets. In addition to equipment supply, Wrtsil will erect, test, commission plant, and provide local construction supervision.
An O&M contract to operate and maintain it is under negotiation between Wrtsil and the customer. "The need for power generation and energy production is growing rapidly in Pakistan. With Wrtsils support and advisory services, we have been able to arrange financing for power plant project," said Ashraf Mukaty, Sponsor-Director of Liberty Power Tech Ltd.
It will have notably high overall efficiency of 45 percent for lifetime of plant when running on heavy fuel oil at site conditions. This level of efficiency on low-cost fuel oil will enable generating costs to be very competitive.
"We look forward to serving Liberty Power Tech throughout its lifecycle. It endorses reputation of Wrtsil equipment and service capability we are able to provide," said Nomi Ahmad, Regional Director, Middle East, Wrtsil Power Plants. Liberty Power Tech signed Power Purchase Agreement with National Transmission & Despatch Company, and Implementation Agreement with Pakistan Government under 2002 Energy Policy.