EANS-News: ANDRITZ receives major order for a hydropower plant in Egypt
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Graz (euro adhoc) - Graz / Vienna, 22 December 2011. ANDRITZ HYDRO was awarded a contract from the Egyptian Ministries of Energy and Water Resources for the supply and installation of four bulb turbines, generators, and the electrical and hydromechanical equipment for the rebuild of the Assiut barrage, the oldest dam in the Egyptian section of the River Nile. The order value amounts to approximately 107 MEUR, the contract is scheduled to be put into force during the first quarter of 2012. The Assiut rebuild will not only considerably improve the conditions for irrigation and shipping, but also create a means of generating electricity from renewable hydropower. As of 2017, the four ANDRITZ HYDRO bulb units with a total output of 32 MW will provide approximately 75,000 households with environmentally- friendly electricity. For decades, ANDRITZ HYDRO has been using very efficient bulb units with particularly high flow rates, especially for very low heads. For the Assiut project, Kaplan runners with only three blades will be supplied, perfectly suiting the low design head and its variation margin from 3 to 6.5 m. Despite their relatively low output, the turbines and generators, which are mainly produced in ANDRITZ HYDRO workshops in Germany and Austria, have rather impressive dimensions, for example the turbine runners will have a diameter of 5.6 m. - End - The ANDRITZ GROUP The ANDRITZ GROUP is a globally leading supplier of plants and services for the hydropower, pulp and paper, metals, and other specialized industries (solid/liquid separation, feed, and biofuel). The Group is headquartered in Graz, Austria, and has a staff of approximately 16,700 employees worldwide. ANDRITZ operates over 180 production sites, service and sales companies all around the world. ANDRITZ HYDRO ANDRITZ HYDRO is a global supplier of electromechanical equipment and services for hydropower plants. With over 170 years of 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 hydropower 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, or 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 mailto:michael.buchbauer@andritz.com 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 mail: welcome@andritz.com WWW: www.andritz.com sector: Machine Manufacturing ISIN: AT0000730007 indexes: WBI, ATX Prime, ATX, ATX five stockmarkets: official market: Wien language: English
Original content of: Andritz AG, transmitted by news aktuell