2007-07-30 09:00:45 CEST

2007-07-30 09:00:45 CEST


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Wärtsilä - Company Announcement

Wärtsilä wins 160 MW power plant order from Pakistan



Wärtsilä Corporation Company Announcement 30 July 2007

Wärtsilä received in June an order to supply and install a 160 MW
power plant at the Attock Refinery Ltd site near Rawalpindi in
Pakistan.

The total value of the project is in excess of EUR 100 million.
Wärtsilä's subsidiary in Pakistan will carry out the local
construction, the value of which is approx EUR 15 million out of the
total project value.

The project will take 15 months to complete and commercial operations
are expected to commence during the 3rd quarter of 2008.

The customer is Attock Gen Ltd, a company with the specific purpose
of owning and operating the power plant. The main owners within the
Attock Oil Group include Attock Refinery Ltd and Attock Oil Company.

Prior to this order, Wärtsilä has supplied a total of 860 MW of
electrical power generation to Pakistan. "This latest order will mean
that we have supplied power plants which produce more than 1000 MW of
electricity to Pakistan. Our strong local presence and successful
track record in Pakistan combined with efficiency and flexibility of
our solution were amongst the reasons we were awarded this contract,"
says Mr Christoph Vitzthum, Group Vice President Wärtsilä Power
Plants. Wärtsilä is also negotiating a contract for operation and
maintenance of the plant."This new power plant will enable smooth refinery operations as sale
of heavy fuel will be ensured and will provide relief to the common
man and boost the economy of energy starved Pakistan. We also wanted
the highest possible power plant efficiency during a lifetime cycle
of 25 years, which we believe Wärtsilä's combined cycle concept will
be able to provide," says Mr M. Adil Khattak, Chief Executive Officer
of Attock Gen Ltd.

For more information please call Mrs Eeva Kainulainen, VP, Corporate
Communications, tel +358 40 568 0591.

www.wartsila.com