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Stock impact report

Wärtsilä engines to power Boto gold mine in Senegal [Yahoo! Finance]

WARTSILA CORP UNSP/ADR (WRTBY) 
NASDAQ:AMEX Investor Relations: wartsila.com/investors/investor-relations
Company Research Source: Yahoo! Finance
The contract, which includes the delivery of six Wärtsilä 32 engines, was awarded by Africa Power Services (APS). French company APS is the main engineering, procurement and construction (EPC) contractor for the power plant. The contract marks a significant step for the recently acquired Boto mine by Managem, an international mining group with operations in eight African countries. The 17MW power plant is poised to enhance the mine's energy infrastructure. Wärtsilä booked the order in the first quarter of 2024 (Q1 2024) and it will be delivered on an engineered equipment (EEQ) basis. Scheduled equipment deliveries are expected to be completed by December 2024, with the power plant's commissioning slated for Q1 2025. Wärtsilä Energy Lifecycle business development manager Sameer Poredi said: “The configuration provides good flexibility and optimal performance of the power plant under varied load demands. “Wärtsilä has a strong presence in Africa with its regional setup in Show less Read more
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