Wartsila B : Wärtsilä receives power plant order from Greek islands

 Wärtsilä Corporation, Press release, 27 January 2010, at 10.30 am EET

Wärtsilä's flexible power solution also includes state-of-the-art and cost
efficient emissions cleaning technology to meet the strict quality and
environmental standards and the readiness to convert the engines to run on gas.

Wärtsilä,   a  leading  provider  of  flexible  decentralised  power  generation
solutions, has been contracted to supply the equipment and engineering for a new
power  plant being built on  the island of Rhodes  in Greece. The order for this
119 MWe  power plant was placed in December and the plant is scheduled to become
fully operational during the second half of 2011.

The  order  has  been  placed  by  Terna  S.A., who has been awarded the overall
project  contract  by  Public  Power  Corporation S.A., the national electricity
utility  of  Greece.  Terna  S.A.  is  one  of  the three major Civil and Energy
contractors in Greece.

Wärtsilä  already enjoys a leading role  in supplying electricity to the islands
of  the Eastern  Mediterranean, and  this latest  order further strengthens that
position.  When  installed,  this  power  plant  will  bring the total output of
electricity  produced by Wärtsilä engines in the Greek islands to 690 MWe, which
represents a majority share of the archipelago's baseload supply.

The  South Rhodes Power Station will  generate electricity for the island's grid
from  seven  Wärtsilä  18V46 engines  running  on  heavy fuel oil. The auxiliary
equipment  and emissions  cleaning system  will also  be supplied by Wärtsilä. A
5+5 year's  maintenance  contract  for  the  power  station  unit  is also under
negotiation.

"We  are very  pleased to  co-operate with  Wärtsilä in  the construction of the
power   plant   of   South   Rhodes.  We  are  looking  forward  to  building  a
state-of-the-art  power plant  that meets  the expectations  of the Public Power
Corporation   of   Greece   and   of   the  local  community  for  reliable  and
environmentally  friendly energy  production," says  Mr. John Stefanatos, Senior
Project Manager, Terna S.A., GEK Group.

Competitive solution and 24/7 service

Wärtsilä's  overall strength in  the region, the  competitive costs of producing
energy  throughout the lifetime of  the plant and the  fact that Wärtsilä is the
only  company offering 24/7 service in the islands, were the decisive factors in
the company being awarded the contract.

"Our  ability to provide state-of-the-art  and cost efficient emissions cleaning
technology  to  meet  the  strict  quality and environmental standards demanded,
together  with the fact that we can eventually  convert the plant to run on gas,
further  enhanced  the  competitive  advantage  of  our  solution,"  says  Harry
Lindroos, Regional Director for East Europe, Wärtsilä Power Plants.


The  new power station is  needed to ensure a  reliable supply of electricity to
the  tourist island  of Rhodes.  Demand surges  dramatically during  the holiday
season,  and the Wärtsilä decentralised multi-engine power plant solution offers
a flexible and highly efficient means of meeting such increases in demand.


For further information, please contact:

Harry Lindroos
Regional Director, Europe East
Wärtsilä Power Plants
Tel: [phone]
Mobile: [phone]
[e-mail] 


Tuula Franck
Senior Manager, External Communications
Wärtsilä Corporation
Tel: [phone]
[e-mail] 

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 maximises the environmental and economic performance of the
vessels and power plants of its customers.

In 2008, Wärtsilä's net sales totalled EUR 4.6 billion with 19,000 employees.
The company has operations in 160 locations in 70 countries around the world.
Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.

www.wartsila.com <http://www.wartsila.com/>



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