PPC Ltd. Announces Arrival of Diesel-Generating Engine to Boost Operations

CUSTOMER CARE 649-946-4313
May 5, 2010

Providenciales, Turks & Caicos Islands, (Wednesday, May 05, 2010) - The first of two 20v32 diesel-generating engines purchased by PPC Ltd last year is on island. The engine purchased from Wartsila Finland OY arrived today with the second engine due to arrive in January 2011.

The arrival of the Wartsila engine, which is twice the size of PPC's current largest engine will bring PPC's installed capacity to 71 Megawatts and will boost PPC's operations by increasing fuel efficiency, reducing the per KWH cost of generation maintenance and will improve plant availability through integrated control and monitoring systems.

A special entourage was on hand at the South Dock to view the arrival of the engine and included Mr. Ernie Jackson, PPC's Vice President of Generation and Engineering who said "PPC's acquisition of the two Wartsila Engines represents a paradigm shift in the technology used to produce electricity in the Turks and Caicos Islands. Each engine will produce three times the electricity that the largest engine in the current fleet produces and on a per unit basis will do so using significantly less diesel fuel."

According to Mr. Jackson these units are designed in modules so that maintenance down times will be significantly less than that required for the current fleet. Mr. Jackson added, "These engines use the latest environmental technology developed in Europe to have minimal environmental impact. These engines and their infrastructure represent the largest single investment ever made in the electrical industry in the Turks and Caicos Islands (over $20 million) and signify a long term commitment by Fortis to the islands."