Wärtsilä power plant will support export growth and job creation in Bangladeshi Export Processing Zone
Wärtsilä Corporation, Trade press release, 19 August 2021 at 10.30 AM EEST
The technology group Wärtsilä will supply a 40 MW power plant to provide a reliable and efficient electricity supply to an Export Processing Zone (EPZ) in Bangladesh. The plant is expected to encourage industrial investments in the zone, which in turn will create employment and future growth for the area. The plant has been ordered by Sigma Powertech, and will be located in Adamjee EPZ, close to Dhaka, the capital of Bangladesh. The contract with Wärtsilä comprises orders placed in Q1 and Q2, 2021.
“This is an important project for the region and for the continued economic growth of Bangladesh through export enhancement as per Government's initiative. Growth throughout the industrial sector is very much dependent on having a reliable power supply, and the new power plant will provide this. Wärtsilä has an excellent reputation in this country with a strong presence to provide the support needed,” commented Mohammad Moyeen, Chairman, Sigma Powertech Ltd.
“Projects like the Adamjee EPZ project represent a new kind of industrial development concept for Bangladesh and we expect more of those to come. Typically, these developments require the power generation to be flexible, efficient and reliable, and our technology fits these needs perfectly,” said Henri Boxtel, Energy Business Director, South Asia, Wärtsilä.
The plant will operate with four Wärtsilä 34SG engines operating on natural gas fuel. Delivery of the engines is being made on a fast-track basis with all equipment scheduled to be delivered before the end of 2021. Commissioning and commencement of operations is expected before the end of June 2022.
This will be the fourth Bangladeshi EPZ project for which Wärtsilä has supplied power generating capacity. Wärtsilä currently has 5,000 MW of installed capacity in Bangladesh with over 200 company personnel employed.
Learn more:
Wärtsilä 34SG gas power plant
Wärtsilä Twentyfour7 Insights article: Bangladesh: Ringing in the good times
Press release: Wärtsilä and Summit sign Bangladesh’s biggest ever service agreement to maintain Summit’s 464 MW power plants
Media contact for more information on this release:
Mirja-Maija Santala
Manager, Marketing & Communications
Wärtsilä Energy
Mob: +358 400 793 827
mirja-maija.santala@wartsila.com
Image caption: A 40 MW power plant with four Wärtsilä 34SG engines will provide a reliable and efficient electricity supply to an Export Processing Zone in Bangladesh, boosting future growth for the area. © Wärtsilä Corporation
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Wärtsilä Energy in brief
Wärtsilä Energy leads the transition towards a 100% renewable energy future. We help our customers in decarbonisation by developing market-leading technologies. These cover future-fuel enabled balancing power plants, hybrid solutions, energy storage and optimisation technology, including the GEMS energy management platform. Wärtsilä Energy’s lifecycle services are designed to increase efficiency, promote reliability and guarantee operational performance. Our track record comprises 74 GW of power plant capacity and more than 80 energy storage systems delivered to 180 countries around the world.
https://www.wartsila.com/energy
Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2020, Wärtsilä's net sales totalled EUR 4.6 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki
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