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EANS-News: ANDRITZ to supply hydropower equipment to Statkraft

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


Graz (euro adhoc) - Graz, September 21, 2011. ANDRITZ HYDRO has received an
order from ÇETIN ENERJI A.S., a subsidiary of Norway's state owned electric
utility company Statkraft, to supply the electromechanical equipment for the
Çetin Hydropower Project in Turkey. The order value for ANDRITZ HYDRO is more
than 90 MEUR. 

The Çetin Hydropower Project is situated on the Botan River in the Southeast
Anatolia Region of Turkey and consists of two plants: Çetin Main, which will be
equipped with three Francis units with a total capacity of approx. 400 MW, and
Çetin Lower, which will feature two Kaplan units with a total capacity of
approx. 100 MW.  In addition, each plant has a small hydropower unit for
handling the ecological water flow (for protection of the natural resources of
flora and fauna).

The scope of supply covers the complete electromechanical equipment including
turbines, generators, electrical power system, transformers, switchyard, and
control system. Both power plants are scheduled to start operation in 2015. 

This order is another important milestone for ANDRITZ HYDRO in the booming
Turkish hydropower market, underlining its leading market position in this
region. 

- End -

The ANDRITZ GROUP
The ANDRITZ GROUP is a global market leader for supply of systems and services
to 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 16,100 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 
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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 von: Andritz AG, übermittelt durch news aktuell

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