Finnish engine manufacturer, Wärtsilä will supply a 92 MW natural gas-fired baseload power plant to Sullair Argentina.
The equipment delivery project includes Wärtsilä 50SG engines running on natural gas and the value of the order is approximately €30 million (Approx. US$32.6 million), Wärtsilä said in a statement.
Argentina is suffering from energy shortage due to a history of widespread subsidies that have distorted the energy price and regulations that have complicated investments in power generation and distribution. Now the government seeks to remedy the issue by investing heavily in new capacity, the statement reads.
Sullair Argentina was awarded the Caimancito power plant project in a governmental bid in Argentina. The plant will be located in the northwest of Argentina and reinforce the grid in the area.
The equipment for the Caimancito power plant is expected to be delivered during 2016 and the plant will be fully operational in June 2017.