Finnish technology group Wärtsilä has inked with Summit Group to supply a 300 megawatts power plant running on heavy fuel oil engines.
According to the contract, Wärtsilä will supply eighteen of its Wärtsilä 46 line of engines running on heavy fuel oil.
Wärtsilä has revealed that the order is a fast-track delivery which it has to fully complete in nine months time.
The equipment for the Bangladeshi power plant is slated to be delivered by November, with an aim to go for a full operation in March 2018.
Wärtsilä said that fast growth in the Bangladeshi economy, industries and population is putting a strain on the power supply and “creates a need for more reliable power generation that can be added to the national grid.”
Summit Group supplies over 1500 megawatts to the national grid, also regarded as one of the most efficient power producers in the country.
Under the scope of the contract, Wärtsilä will supply the engine sets and auxiliaries for the power plant to be built in Gazipur.
With this recently signed contract, Wärtsilä now has an installed base of 3300 MW in Bangladesh.
Wärtsilä and Summit Group have worked with each other for 20 years.
Last year, Summit Group had given a 150MW contract to the Finnish technology firm in Gazipur.
With the new power plant contract, Wärtsilä has taken its tally to a total of 450MW in the region.
Wärtsilä regional director Göran Richardsson said: “We are thrilled that our cooperation with Summit Group continues. They know from previous experience that we provide them with reliable technology and equipment and that we are able to complete this project with a tight schedule.”
The Finnish firm says that it will add the Bangladeshi order to its order book for the third quarter.