EANS-News: ANDRITZ HYDRO to modernize Dnipro 1 hydropower station, Ukraine
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Company Information
Graz/Vienna, March 24, 2017. ANDRITZ HYDRO, part of international technology
Group ANDRITZ, was awarded a contract by state-owned utility Ukrhydroenergo
for modernization of the Dnipro 1 hydropower station on the Dnieper River,
Ukraine. The project is part of a rehabilitation program financed by the
European Bank of Reconstruction and Development (EBRD). The contract value
for ANDRITZ HYDRO amounts to approx. 60 million euros. Completion of the
project is scheduled for the end of 2021.
ANDRITZ HYDRO's scope of supply includes the complete rehabilitation of
three 75 MW Francis turbines and generators, including dismantling, supply of
new equipment, installation, and testing. Except for the embedded parts,
all major components will be replaced by new equipment. The modernization
will increase the output from 64 to 75 MW and substantially enhance reliability
and safety. A hydraulic model test will allow optimum performance of the new
turbines to be defined and demonstrated within the geometric conditions of the
existing powerhouse.
Ukrhydroenergo owns and operates nine hydropower stations with a total of
102 turbine generator sets and a capacity of 5,744 MW on the rivers Dnieper
and Dniester. After completion of this rehabilitation program, the company's
contribution to the country's electricity supply will be more than 15%.
Dnipro 1 was the first hydropower plant on the Dnieper River and was built
between 1927 and 1932.
ANDRITZ HYDRO has been present in the Ukraine for a long time; the present
project further strengthens ANDRITZ HYDRO's position in this growing hydropower
market.
- End -
The ANDRITZ GROUP
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 25,200 employees. ANDRITZ
operates more than 250 sites in over 40 countries.
ANDRITZ HYDRO
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
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 von: Andritz AG, übermittelt durch news aktuell