40 MWe Wärtsilä power plant planned for Madagascar
5 October 2006 -- Wärtsilä Corp. was awarded a turnkey contract for the supply of a 40 MWe power plant in Madagascar in September. The plant is due to be handed over to the customer, the Madagascar water and power company JIRAMA (Jiro sy Rano Malagasy), in August 2007. It will be located at Mandroseza in the capital of Antananarivo.
The new power plant will be equipped with four Wärtsilä 18V38 diesel generating sets, having a combined electrical output of 40 MWe. The engines will burn heavy fuel oil and will be employed for baseload operation.
The project, worth approximately MEUR 30, is being partly financed by a 51 percent grant from the Netherlands government. The remainder will be provided through a 10-year commercial loan, collateral for which will be credit insurance granted by the credit institution of the Netherlands.
The Mandroseza power plant will allow JIRAMA to avoid load shedding on the interconnected grid of Antananarivo. Wärtsilä said this will both enhance the local economy and drastically reduce the utility's production costs.
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