Andritz AG

EANS-News: ANDRITZ receives order for rehabilitation of Inga 2 hydropower plant, DR Congo

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Company Information

Graz (euro adhoc) - Graz/Vienna, March 19, 2012.   International technology
Group ANDRITZ received a contract for reconstruction and rehabilitation of two
Francis units (178 MW each) for the Inga 2 hydropower plant, DR Congo. The
contract value of this project, which is being supported by financing of the
World Bank, is approximately 45 MEUR. Commissioning is scheduled for 2015.

As part of a consortium, ANDRITZ HYDRO is responsible for the entire mechanical
part of the rehabilitation including the repair and overhaul of the penstocks,
the hydraulic steelworks, and the two Francis turbines. In order to achieve high
efficiency with optimum performance, high reliability, and low maintenance
requirements, all core parts of the turbines with runner diameters of 6.2 m will
be newly designed and replaced by modern, robust equipment.

The Inga hydropower plant was built in the 1970s on the Congo River, about 300
km south of the capital, Kinshasa, and currently uses only a small part of the
enormous hydropower potential available. With the modernization and repair of
the two turbines, which have been out of service for many years, the government
of DR Congo is taking an important step towards improving the country´s national
electric grid, which presently suffers frequent outages.

- End -

International technology Group ANDRITZ is a globally leading supplier of plants,
equipment, and services for hydropower stations, the pulp and paper industry,
solid/liquid separation in the municipal and industrial sectors, the steel
industry, and the production of animal feed and biomass pellets. In addition,
ANDRITZ offers technologies for certain other sectors including automation,
pumps, machinery for nonwovens and plastic films, steam boiler plants, biomass
boilers and gasification plants for energy generation, flue gas cleaning plants,
plants for the production of panelboard (MDF), thermal sludge utilization, and
torrefaction plants. The publicly listed ANDRITZ GROUP is headquartered in Graz,
Austria and has a staff of approximately 16,700 employees worldwide. ANDRITZ
operates over 180 production sites as well as service and sales companies all
around the world.

ANDRITZ HYDRO is a global supplier of electromechanical equipment and services
for hydropower plants. With over 170 years of accumulated experience and more
than 30,000 turbines installed totaling approximately 400,000 MW output, ANDRITZ
HYDRO is a leader in the world market for hydraulic power generation, offering
the complete product portfolio including turbines, generators, and additional
equipment of all types and sizes: "water to wire" from small hydro applications
up to outputs of more than 800 MW. Additionally, ANDRITZ HYDRO holds a top
position in the growing power plant service, refurbishment, and upgrade market.
Further fields of activity are development, design, and manufacture of pumps for
selected applications (e.g. for water transport, in the energy sector, in the
pulp and paper industry) and of turbo generators for gas and steam power plants.

Further inquiry note:
Dr. Michael Buchbauer
Head of Group Treasury, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465

end of announcement                               euro adhoc 

company:     Andritz AG
             Stattegger Straße 18
             A-8045 Graz
phone:       +43 (0)316 6902-0
FAX:         +43 (0)316 6902-415
sector:      Machine Manufacturing
ISIN:        AT0000730007
indexes:     WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien 
language:   English

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