Wartsila to supply engines for United's 200MW power plant - Share market analysis of dhaka stock exchange, Bangladesh

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16 October, 2017 10:17 AM Source: The Daily Star Bangladesh


Wartsila, a complete lifecycle solutions provider for the marine and energy markets, will supply engine for a 200-megawatt power plant of United Group being set up in Mymensingh.

The new plant will use the Finnish company's 21 engines that run on heavy fuel oil.

The equipment is scheduled to be delivered in January 2018, Wartsila Bangladesh said in a statement.

Moinuddin Hasan Rashid, managing director of United Group, and Jillur Rahim, managing director of Wartsila Bangladesh, signed an agreement to this effect at an event recently. “We have an implementation time for this project of just nine months, so having an equipment partner who we can trust to deliver on schedule is of immense value to us,” said Rashid.

He said United Group already has three other plants that run on Wartsila's equipment. “So, we have good experience with the company and know that we can rely on their high quality engines.” The plant is expected to start commercial production of electricity in June 2018.

This is the sixth new power plant that will be run by Wartsila equipment in 2017. With this latest order, the company's total installed base in Bangladesh will be in excess of 3,900MW. 

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