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Wärtsilä Oyj Abp: Wärtsilä to optimise power plant performance in Timor-Leste

Wärtsilä Corporation, Press release, 26 January 2016 at 9 am EET

Wärtsilä, a global leader in complete lifecycle solutions for the marine and
energy markets has in November 2015 signed a five-year operations and
maintenance (O&M) agreement with the Special Administrative Region of Oecusse
for the Inur Sakato power plant in the Democratic Republic of Timor-Leste.
The partnership optimises the power plant's performance and lifecycle. The
O&M agreement reduces the plant's operating costs and improves financial
predictability and risk management. In addition, Wärtsilä will train the
plant's employees.

Wärtsilä takes full responsibility for plant operation and maintenance to
ensure safe, efficient and reliable availability of electricity. A Wärtsilä
O&M agreement provides comprehensive asset management to meet the customer
need for operational, management and maintenance services and performance

The Inur Sakato power plant is one of the first established infrastructures in
Timor-Leste. The 17.3 MW power plant is the main power source for the entire
Oecusse district. The Inur Sakato plant is powered by four Wärtsilä 34DF

The dual-fuel Inur Sakato plant will run on light fuel oil but may be
converted to natural gas later on.

"Wärtsilä's extensive experience and knowledge from power plant operating and
maintenance were the key factors for this agreement that expands our
partnership. We want to have in-depth knowledge in-house and to improve our
local capability. Wärtsilä is the best partner from which to learn from,"
says Lino MNC Correia of Special Administrative Region of Oecusse.

"We are excited to deepen the relationship with the Democratic Republic of
Timor-Leste. Wärtsilä as an operations and maintenance partner is able to
provide reliable supply of electricity and optimise the performance of the
Inur Sakato plant with minimum risks and costs," comments John Sydney,
Director of Wärtsilä's Service Unit Australasia.

Link to image

Caption: The Inur Sakato power plant is one of the first established
infrastructures in Timor-Leste and the main power source for the Oecusse
For further information, please contact:

John Sydney
Service Unit Director
Wärtsilä Service Unit Australasia

Tel: +61 418 645 060

Steve Jones
Senior Manager, Business Development and SUAA Projects&Agreements
Wärtsilä Australia

Tel: +61 8 9410 1300

Hanna Viita
Director, Marketing
Wärtsilä Corporation

Tel: +358 40 167 1755

Wärtsilä Services in brief

Wärtsilä Services creates lifecycle services for its customers, enhancing
their business - whenever, wherever. We provide industry's broadest range of
services for both shipping and power generation. Our solutions range from
spare parts and basic support to ensuring maximised lifetime, increased
efficiency and guaranteed performance of customer's equipment or installation
- in a safe, reliable, and environmentally sustainable way.

Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the
marine and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximizes the environmental and economic performance of
the vessels and power plants of its customers. In 2014, Wärtsilä's net sales
totalled EUR 4.8 billion with approximately 17,700 employees. The company has
operations in more than 200 locations in nearly 70 countries around the
world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.

Wärtsilä Newsroom


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wärtsilä Oyj Abp via Globenewswire


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