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22.12.2011 – 08:02

Andritz AG

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 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 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

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

Original content of: Andritz AG, transmitted by news aktuell