Wärtsilä's renewed contract with Arkay Energy en

Wärtsilä Corporation, Press release, 27 September 2017 at 10 am EEST

The technology group Wärtsilä will support the Indian company Arkay Energy (Rameswarm) Limited to reach higher electrical output and productivity, better operational security and increased efficiency of its power plant in a remote and developing area. The renewed operations and maintenance agreement was signed in June 2017 for another five years.

The agreement covers the full operation and maintenance of the Arkay Energy power plant which runs on natural gas, enhancing the installation's reliability and efficiency throughout its lifecycle.

"The Arkay Energy plant is located in a remote location. We support Arkay Energy by providing them with our quality services which include complete operations and maintenance at the site and remote monitoring support from our Chennai Office. This helps the customer achieve the desired reliability and efficiency, while meeting the expectations of all stakeholders, including their end-customers, authorities and the local Community," says James Rajan, Wärtsilä's Director of Services Unit, South Asia.

The 150 MW base power plant is located at Ramanathapuram, Tamil Nadu, in southern India. Wärtsilä's services include scheduled and unscheduled maintenance of the plant's 16 Wärtsilä 34SG engines running on gas, auxiliaries, waste heat recovery boilers and steam turbine as well as a 110 KV switchyard. The scope also includes manpower services, spare parts and consumables.

Arkay Energy (Rameswarm) Limited is a subsidiary of Ind-Barath Power Infra Limited (IBPIL) holding company. Power from the Arkay Energy plant is exported to customers in the state of Tamil Nadu through the Tamilnadu Grid.

"We are very happy to extend our agreement with Wärtsilä for another five years. As a long-term partner, Wärtsilä can provide us lifecycle services with smooth transition of technology and help us avoid surprises," says Rajasekhara Rao, President, Operations at Arkay Energy.

Link to image Caption: Power from the Arkay Energy plant is exported to customers in the state of Tamil Nadu through the Tamilnadu Grid.

For further information, please contact: Kulkarni Sachin General Manager, Sales Wärtsilä Services sachin.kulkarni@wartsila.com Tel: + 91 222 781 8300 Hanna Viita Director, Marketing Wärtsilä Services hanna.viita@wartsila.com Tel: +358 40 167 1755 Wärtsilä Services in brief Wärtsilä Services provides high-quality lifecycle services that enhance customers' business. Its broad range of services supports both shipping and power generation companies, whenever and wherever needed. Solutions range from spare parts and basic support to ensuring the maximised lifetime, increased efficiency and guaranteed performance of the customer's equipment or installation - in a safe, reliable, and environmentally sustainable way. www.wartsila.com/services Wärtsilä in brief Wärtsilä is a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2016, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki. https://www.wartsila.com