STOCK EXCHANGE RELEASE 3 Apr 2007
PÖYRY AWARDED EUR 7 MILLION CONTRACT FOR COAL POWER PROJECT IN SRI LANKA
Pöyry's Energy business group has been awarded an owner's engineering services contract for the first stage of the 3 x 300 MW Puttalam coal power project in Sri Lanka. The client is the Ceylon Electricity Board (CEB), who has entered into an EPC contract with China National Machinery & Equipment Import and Export Corporation. The value of Pöyry's services is about EUR 7 million.
The power plant is located on the Kalpitiya peninsula on the west coast, about 120 km north of Colombo. The project includes also off shore coal unloading facilities with barging and a jetty, as well as a 120 km long 220 kV transmission line. The power feed into the national grid is expected to take place by end 2011.
Pöyry has been active in the hydro- and thermal power market in Sri Lanka since 1980. In this project Pöyry's services include the review and approval of the EPC contractor's basic and detail design, project management, construction supervision and commissioning supervisory services at the site, and know-how transfer and training.
Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's net sales in 2006 amounted to about EUR 620 million and it employs 6400 experts.
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Additional information by:
Richard Pinnock, President, Energy Business Group, Zurich, Switzerland
tel. +41 76 356 2410
Ari Asikainen, President, Power & Heat, Energy Business Group, Finland
tel. +358 10 33 24476
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