Wärtsilä signed two maintenance management and operational advisory agreements that cover 464 MW of power generation in Bangladesh.
The seven-year agreements with Summit Group represent the biggest ever signed service deals, in terms of MW generation, in the Bangladesh energy sector, Wärtsilä said.
The lifecycle solution agreements cover two power plants located in Gazipur, Dhaka, owned by Summit Gazipur II Power and Ace Alliance Power (Gazipur I), a subsidiary of Summit Power Ltd., a publicly listed company in Bangladesh. The agreements are designed to meet the customers’ needs for ensuring maximum availability of the installations, optimizing operating costs, and delivering reliable supplies to Bangladesh’s national grid.
“Summit and Wärtsilä share a long-standing partnership since 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 optimization and reliable generation,” said Faisal Khan, director of Summit Group.
In addition to seven years of scheduled maintenance, the agreements include yearly maintenance management coordination and condition-based maintenance (CBM) services.
In 2017, the company announced it would supply two projects with a total capacity of 450 MW. One was for a 150 MW plant comprised of eight Wärtsilä 50 and one Wärtsilä 32 engines. The other was a 300 MW plant that included 18 Wärtsilä 46 engines operating on heavy fuel oil.
“Over the past 30 years we have accumulated significant experience and deep know-how in operation and maintenance services,” said Henri van Boxtel, Director, Energy Services Middle East & Asia at Wärtsilä. “Globally, Wärtsilä has more than 22 GW 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. Performance of the plants with lifecycle solution agreements can be monitored remotely from our Digital Expertise Centres and we can advise our customers on dynamic maintenance schedules.”
Wärtsilä currently has in excess of 4850 MW of installed or on order power generating capacity in Bangladesh. Of these 1100 are operated and maintained under contract by Wärtsilä.
Summit Group is the largest infrastructure conglomerate in Bangladesh as well as the largest independent power producer (IPP). Summit Gazipur II Power and Ace Alliance Power Ltd (Gazipur I) are located in Kodda, Gazipur about 30 km away from the capital, Dhaka.