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Wartsila confirms euro160 million Azerbaijani power station order

Wartsila confirms euro160 million Azerbaijani power station order

Wartsila, a provider of engines and power systems to the marine industry, confirmed Tuesday a euro160 million (US$211 million) contract to supply equipment for a 300 megawatt power plant in Azerbaijan.
The order, to be delivered to AzerEnerji, the national energy company of Azerbaijan, in autumn 2008, has been booked for the fourth quarter of 2006, the company said in a statement.
Wartsila will deliver 18 Wartsila 18V50DF generating sets and related equipment to the new plant, which will be located in Sangachal, 50 kilometers (31 miles) south of the capital Baku.
The company's shares gained 2.1 percent to euro41.60 (US$54.92) in Helsinki.


Updated : 2021-10-24 04:33 GMT+08:00