Metso to supply biomass power plant to Bioenergeticheskaya Kompaniya in Russia

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HELSINKI, FINLAND--(Marketwire - Feb 12, 2013) - Metso Corporation's press release onFebruary 12, 2013 at 11:00 a.m. local time

Plant will enable utilization of sawmill residue for sustainable heat andpowerproduction

Metso will supply Bioenergeticheskaya Kompaniya LLC with a completebiomass-fired combined heat and power plant in Syktyvkar, the KomiRepublic, Russia. Thepower plant is scheduled to be in operation in 2014. The value of the orderwillnot be disclosed.

Metso's delivery will include process equipment and technical advisoryservicesfor installation, commissioning and training. A Metso belt dryer and aMetsoDNA automation system will also be included in the delivery. The powerplantwill utilize bark and wood residues from the Syktyvkar sawmill and otherbiomass. The power output of the plant will be 4 MWe. The power will bedistributed to the local grid and heat will be utilized in the belt dryer.

"We are convinced that cooperation with Metso will provide a means toutilizethe sawmill residues from the Syktyvkar sawmill to produce power. This isanimportant issue for the Government of the Komi Republic. The new plant willbebuilt based on advanced know-how solutions using the most modernequipment,"says Alexander Gibezh, Deputy Minister of Industry and Transport of theRepublicof Komi. "Sawmill residues that have long been stored at the site of theSyktyvkar sawmill will now be used as fuel for the new power plant. Theinvestment in the power plant will help to create more job opportunitiesandwill improve the environmental situation in the Komi Republic," adds AlexeyKryukov, CEO of Bioenergeticheskaya Kompaniya.

"This power plant is an important milestone in the development ofdistributedpower generation based on the vast renewable biomass resources of Russia.We arevery happy to help Bioenergeticheskaya Kompaniya LLC to lead the waytowardslocal sustainable power solutions," says Director Matti Järvinen,North EasternEurope, Power business line, Metso. "The uniqueness of our solutions is inthecomplete supply: all equipment from the fuel handling system to the fluegascleaning system will be supplied by Metso. The new power plant will alsorununder a Metso automation system," says Director Nikolay Doroshenko, Russia,Power business line, Metso.

The order is included in Metso's Pulp, Paper and Power fourth quarter 2012orders received.

The Ministry of Industry and Transport of the Republic of Komi isresponsiblefor implementation of development programs in Komi. The BioenergeticheskayaKompaniya biomass-fired power plant is one of the projects in one of thedevelopment programs. The project also has a governmental priority status.

Bioenergeticheskaya Kompaniya LLC is a Komi Republic based energy companythatprovides and markets electricity. Bioenergeticheskaya Kompaniya LLC has awiderange of plans for investments in the Komi region.

Metso's pulp, paper and power professionals specialize in processes,machinery,equipment, services, paper machine clothing and filter fabrics. Ouroffering andexperience cover the entire process life cycle including new productionlines,rebuilds and services.

www.metso.com/pulpandpaper , www.metso.com/power ,

www.twitter.com/MetsoPulpPaper

Metso is a global supplier of technology and services to customers in theprocess industries, including mining, construction, pulp and paper, power,andoil and gas. Our 30,000 professionals based in over 50 countries deliversustainability and profitability to customers worldwide. Expect results.

www.metso.com , www.twitter.com/metsogroup

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Source: Metso Corporation via Thomson Reuters ONE

[HUG#1677331]

Contact:
Nikolay Doroshenko
Director, Russia, Heat & Power, Power business line
Metso
tel. +7 985 222 3474

Pasi Rantonen
Director, Power plants, Heat & Power, Power business line
Metso
tel. +358 40 544 8328

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