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EANS-News: ANDRITZ to supply complete electro- and hydro-mechanical equipment for the Nenggiri hydropower station, Malaysia

  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is responsible for the content of this announcement.

Company Information

Graz - December 16, 2021. International technology group ANDRITZ - as part of a
consortium - has signed a contract with TNBPG Hydro Nenggiri Sdn. Bhd. (a wholly
owned subsidiary of TNB Power Generation Sdn Bhd.) to supply the complete
electro- and hydro-mechanical equipment for the new Nenggiri Hydroelectric
Project in Kelantan, the northeastern state of the Malay Peninsula.
Commissioning is scheduled for the middle of 2026. The contract value for
ANDRITZ is more than 100 million euros.

The scope of supply of the consortium includes two Francis turbine generating
units including complete mechanical and electrical balance of plant and hydro-
mechanical equipment as well as the high voltage switchyard.

Once completed, the Nenggiri Hydroelectric Project will provide 300 MW of peak
load coverage to significantly stabilize the national power grid. Flood
mitigation benefits for the downstream areas are another important target of the
hydropower station.

The Nenggiri Hydroelectric Project is one of several government-approved
projects to meet the growing energy demand of Malaysia and to increase the share
of renewable energy in its energy mix to 40 percent by 2035.

- End -

International technology group ANDRITZ offers a broad portfolio of innovative
plants, equipment, systems and services for the pulp and paper industry, the
hydropower sector, the metals processing and forming industry, pumps, solid/
liquid separation in the municipal and industrial sectors, as well as animal
feed and biomass pelleting. Plants for power generation, flue gas cleaning,
recycling, and the production of nonwovens and panelboard complete the global
product and service offering. Innovative products and services in the industrial
digitalization sector are offered under the brand name Metris and help customers
to make their plants more user-friendly, efficient and profitable. The publicly
listed group has around 26,800 employees and more than 280 locations in over 40

ANDRITZ Hydro is one of the globally leading suppliers of electromechanical
equipment and services for hydropower plants. With over 180 years of experience
and an installed fleet of more than 470 GW output, the business area provides
complete solutions for hydropower plants of all sizes as well as services for
plant diagnosis, refurbishment, modernization, and upgrade of existing
hydropower assets. Pumps for irrigation, water supply and flood control as well
as turbo generators are also part of this business area's portfolio.

Further inquiry note:
Dr. Michael Buchbauer
Head 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:      ATX, WBI
stockmarkets: Wien
language:     English

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