Andritz AG

EANS-News: ANDRITZ to supply pump turbines for the world’s largest pumped storage power station

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Company Information

Graz - Graz/Vienna, September 4, 2017. International technology group ANDRITZ
has received a contract from the state-owned Chinese energy utility company
Fengning Pump Storage Co. Ltd., State Grid Xinyuan Co. Ltd. to supply two
variable speed pump turbines for the new Fengning pumped storage power plant in
Hebei Province, China. The contract value amounts to just under 70 million
euros, and completion of the project is scheduled for 2021.

The ANDRITZ scope of supply includes two pump turbine motor generator units with
variable speed and a nominal capacity of 330 MVA in generator mode and of 345
MVA in pump mode. Additionally, AC-excitation, governor, as well as protection
and computer control systems will be supplied.

The Fengning pumped storage plant will be the world's largest pumped storage
power plant, equipped with 12 x 300 MW pump turbine units in one cavern. The two
variable speed units will be supplied by ANDRITZ.

For ANDRITZ, this order means a re-entry into the rapidly growing Chinese pumped
storage market; it is also the first order to be awarded worldwide for supply of
variable speed pump turbine units to China.

- End -

Press release available for download
The press release is available for download at [http://].

ANDRITZ is a globally leading supplier of plants, equipment, and services for
hydropower stations, the pulp and paper industry, the metalworking and steel
industries, and for solid/liquid separation in the municipal and industrial
sectors as well as for animal feed and biomass pelleting. Other important
business segments include automation and service business. In addition, the
international Group is also active in the power generating sector (steam boiler
plants, biomass boilers, recovery boilers, and gasification plants) and in
environmental technology (flue gas cleaning plants) and offers equipment for the
production of nonwovens, dissolving pulp, and panelboard as well as recycling
plants. The publicly listed technology Group is headquartered in Graz, Austria,
and has a staff of approximately 25,400 employees. ANDRITZ operates more than
250 sites in over 40 countries.

ANDRITZ HYDRO is one of the leading global suppliers of electromechanical
equipment for hydropower plants. With over 175 years of accumulated experience
and more than 31,000 turbines installed, totaling approximately 430,000
megawatts output, the business area provides the complete range of products,
including turbines, generators, and additional equipment of all types and sizes
- "from water to wire" for small hydro applications to large hydropower plants
with out-puts of more than 800 megawatts per turbine unit. ANDRITZ HYDRO is well
positioned in the growing modernization, refurbishment, and upgrade market for
existing hydropower plants. Pumps (for water transport, irrigation of
agricultural land, and applications in various industries) and turbogenerators
for thermal power plants are also allocated to the business area.

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

end of announcement                         euro adhoc

issuer:       Andritz AG
              Stattegger Straße 18
              A-8045 Graz
phone:        +43 (0)316 6902-0
FAX:          +43 (0)316 6902-415
ISIN:         AT0000730007
indexes:      WBI, ATX
stockmarkets: Wien
language:     English

Weitere Meldungen: Andritz AG

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