Home » News » Currently Reading:

Wärtsilä Lanka to increase efficiency and reliability of State Electric Company (STELCO) Maldives

July 25, 2015 News No Comments

wartsila_smallWärtsilä Lanka, a fully owned subsidiary of Wärtsilä Corporation, has signed a three year service agreement with the State Electric Company of Maldives (STELCO) in May 2015 in Colombo, Sri Lanka.

Under the terms of the service contract, Wärtsilä Lanka will ensure the timely and accurate delivery of spare parts to support maintenance activities, along with training STELCO engineering personnel and the exchange of technological know-how.

STELCO will also benefit from other Wärtsilä Lanka value offerings such as highly qualified expert technical support, onsite engineering expertise including advisory services, periodic inspection visits, troubleshooting service and technical audits.

The State Electric Company Ltd (STELCO), established in 1949,is a fully owned energy and electricity provider of the Maldives Government with total installed capacity of nearly 80 MW. The main installation is located at the capital island, Male, with installed capacity of 60 MW. of this, 30 MW of energy output is from Wärtsilä engines.

“We are pleased to partner with STELCO and I am confident that both State Electric Company of Maldives and Wärtsilä Lanka will mutually benefit from this service agreement. We will add value to STELCO’s operations with our expertise, close proximity and reliability, thereby strengthening the foundation of our relationship and paving the way for further cooperation between our two companies,” said Mr Göran Richardsson, Chairman of Wärtsilä Lanka.

“This service agreement shows the good understanding and the close relationship between the two neighboring islands as well as between the two companies. We are delighted to partner with the State Electric Company of Maldives. This service agreement represents a recognition of Wärtsilä’s service capabilities and expertise,” said Mr James Rajan, Managing Director of Wärtsilä Lanka, and Director, Service Unit South Asia.

“Maldives is a fast growing island nation mainly thriving on tourism and resorts. It has no natural resources whatsoever to generate electricity butto rely mainly on power generation along with sustainable renewable energy. We need our power plants to perform on optimum levels at all times with highest efficiency and reliability. Power generating failures will disrupt the economy and the livelihood of the entire country,“ said Mr Abdul Shakoor, Managing Director, STELCO. “This service contract is really important for STELCO as it will financially benefit us. Also, we will get accessto and see a transfer of the latest technology advancements in operational and maintenance of power plants directly to our own staff. We are happyto partner with Wärtsilä,” Mr Shakoor added.

Wärtsilä Services in brief
Wärtsilä Services creates lifecycle services for its customers, enhancing their business – whenever, wherever. We provide industry’s broadestrange of services for both shipping and power generation. Our solutions range from spare parts and basic support to ensuring maximised lifetime, increased efficiency and guaranteed performance of customer’s equipment or installation – in a safe, reliable, and environmentally sustainable way.

Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximizes the environmental and economic performance of the vessels and power plants of its customers. In 2014, Wärtsilä’s net sales totalled EUR 4.8 billion with approximately 17,700 employees. The company has operations in more than 200 locations in nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.


Comment on this Article:

You must be logged in to post a comment.

RSS Web Crewing Vacancies List

Subscribe to our News Updates

Enter your email address:

Search Box

Featured News

JFC announces new jobs with Launch of new Marine Division

8 Nov 2015

John Concannon, MD. JFC Manufacturing announces details of new jobs, at the ‘Innovating the future of Marine Navigation Safety’ conference in Galway on Friday 16th October, at the launch of the west of Ireland company’s new division, JFC Marine. The …

The 2015 Irish Maritime Forum

6 Oct 2015

The 2015 Irish Maritime Forum, attended by over 150 delegates, discussed the importance of the Maritime Industry to Ireland’s continued economic growth and how solutions to a number of the world’s great challenges will come from the Sea. The National …

Wärtsilä propulsion solution chosen for new Scottish fishing vessel

12 Jul 2015

A new modern fishing vessel being built by Simek AS in Norway on behalf of the U.K. operator Antares (Whalsay) Fishing Company Ltd, will feature an integrated Wärtsilä propulsion solution including main engine, controllable pitch propeller and gearbox. The Wärtsilä …

Eni announces a new oil and gas discovery in the Western Desert of Egypt

27 Jan 2015

In the last three years, in the Western Desert of Egypt Eni has doubled its oil production through exploration of deep sequences. San Donato Milanese, 22 January 2015 – Eni has announced a new discovery of oil and gas in the …


Latest Comments

Companies Directory