Wärtsilä and Lihir Gold sign 10-year service agreement for a 170 MW power plant with shared business case incentives
Wärtsilä Corporation, Press release, 16 December 2020 at 10 AM EETThe technology group Wärtsilä has signed a 10-year tailored guaranteed asset performance agreement covering power plant maintenance and operations advisory services for a mine with Lihir Gold Ltd, part of Australia-based Newcrest Mining, one of the world’s largest gold mining companies. The mine is located on Lihir Island in Papua New Guinea. The agreement has shared business case incentives, based on key performance indicators (KPI), which reduce operational cost and enhance power availability, supporting the mine’s