EANS-News: ANDRITZ receives refurbishment contracts for hydropower stations in New Zealand and Malawi
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Graz/Vienna, December 22, 2015. ANDRITZ HYDRO, part of international technology Group ANDRITZ, has received orders to refurbish two hydropower plants in New Zealand and Malawi. The total order value for the two hydropower stations is just over 50 million euros. Mighty River Power Ltd., New Zealand, placed an order with ANDRITZ HYDRO for design, delivery, installation and commissioning of three generators, Francis turbine components including model test, and turbine governors for the Aratiatia hydropower station located some 14 kilometers downstream of the town of Taupo, New Zealand. Refurbishment of the three 31-megawatt hydropower units, which were operational for over 50 years, will result in a significant increase in the efficiency and reliability of the hydropower plant. Mighty River Power is one of New Zealand's largest electricity companies and covers about 17% of the country's electricity needs. More than 90% of its electricity production comes from renewable, clean energy sources. Millennium Challenge Account (MCA), Malawi, has ordered the refurbishment of Nkula A hydropower station, with a total capacity of 38 MW, from a consortium headed by ANDRITZ HYDRO. Nkula A is located some 50 km northwest of the city of Blantyre on the Shire River and has been in operation since 1966. ANDRITZ HYDRO's scope of supply includes modernization of the intake structures and gates, penstocks, and power house, new turbine runners and non-rotating turbine components, generators, as well as a completely new high-voltage hybrid switching station, the SCADA system, and the related civil work. Both plants will begin commercial operations in 2018. These contracts once again underline ANDRITZ HYDRO's leading expertise in refurbishment of existing hydropower stations. - End - Press release available for download The press release is available for download at www.andritz.com/news. 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. 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 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 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