Andritz AG

EANS-News: ANDRITZ to equip two hydropower stations in East Asia

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.

Company Information

Graz/Vienna, December 18, 2015.  ANDRITZ HYDRO, part of international technology
Group ANDRITZ, has received contracts from Vietnam and South Korea to supply 
electromechanical equipment for hydropower stations with a total value of 
around 65 million euros.

VNECO Hoi Xuan Investment and Electricity Construction, Vietnam, has awarded 
ANDRITZ HYDRO an order for the supply of three bulb turbines and generators 
as well as additional equipment for the new Hoi Xuan hydropower station. 
Commissioning of the plant is scheduled for the beginning of 2018. It will 
supply more than 425 gigawatt hours of renewable energy every year for 
Vietnamese households and the local industry.

Korea Water Resources has awarded ANDRITZ HYDRO the refurbishment of the Andong 
hydropower station in South Korea. Two diagonal turbine generator 
sets each with an output of 46.3 megawatts are to be modernized by the middle 
of 2019. Korea Water Resources supplies one quarter of South Korea's renewable 
energy and also operates the world's largest tidal power plant, located in 
Sihwa and equipped by ANDRITZ HYDRO.

- End -

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. The publicly listed technology Group is headquartered in Graz, 
Austria, and has a staff of almost 25,000 employees worldwide. ANDRITZ operates 
over 250 sites worldwide.

ANDRITZ HYDRO is one of the leading global suppliers of electromechanical 
equipment for hydropower plants. With over 170 years of accumulated experience 
and more than 30,000 turbines installed, totaling about 420,000 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 
outputs of more than 800 megawatts per turbine unit. ANDRITZ HYDRO is also 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 turbo-generators 
for thermal power plants are also allocated to the business area.

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

Weitere Meldungen: Andritz AG

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