Finnish company Wartsila has agreed to provide maintenance services for power plants of Bangladesh-based independent power producer (IPP) Summit Group. The company will provide its services to two power plants located in Gazipur, Dhaka.
The plants are owned by Summit Gazipur II Power, and Ace Alliance Power (Gazipur I), a subsidiary of Bangladesh publicly listed company Summit Power.
The two power plants have a combined capacity of 464MW and the agreements are aimed to deliver reliable supplies to Bangladesh’s national grid.
Summit Group director Faisal Khan said: “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.”
The seven-year agreements with Wartsila is the biggest service deal in terms of megawatts generation in the Bangladesh energy sector.
In addition to maintenance, the agreement includes yearly maintenance management coordination and Asset Diagnostics for optimum level of thermal and mechanical load. Asset Diagnostics also enables fuel consumption savings and sound operations to reduce impact on the environment.
Wärtsilä Middle East & Asia Energy Services director Henri van Boxtel said: “Over the past 30 years we have accumulated significant experience and deep know-how in operation and maintenance services.
“Globally, Wärtsilä has more than 22GW 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 agreement with Summit Group, which speaks for itself about good cooperation and customer satisfaction.”