Andritz AG

EANS-Adhoc: ANDRITZ HYDRO to supply electromechanical equipment for Lauca hydropower plant, Angola

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this

Graz, February 26, 2014.  International technology Group ANDRITZ is to supply
the electromechanical equipment for the new Lauca hydropower plant, Angola, via
Construtora Norberto Odebrecht to GAMEK (Gabinete de Aproveitamento do Medio
Kwanza), a part of the Angolan power corporation ENE (Empresa Nacional de
Electricidade). The order value for comparable deliveries lies in the lower
three-digit million euro range; the order will enter into force in the course of
2014 upon fulfillment of all administrative requirements. Commissioning is
scheduled for the end of 2017.

The hydropower station planned on the Kwanza River will comprise two power
houses for which the ANDRITZ HYDRO deliveries will include six Francis turbines,
each with an output of 340 megawatts, as well as generators and additional
equipment. Lauca will supply a total output of 2,067 megawatts, providing clean
energy from hydropower for 750,000 people.

- End -

The ANDRITZ GROUP is a globally leading supplier of plants, equipment, and
services for hydropower stations, the pulp and paper industry, the metalworking
and steel industries, solid/liquid separation in the municipal and industrial
sectors, and the production of animal feed and biomass pellets. In addition,
ANDRITZ offers technologies for certain other sectors including automation,
pumps, machinery for nonwovens and plastic films, steam boiler plants, biomass
boilers and gasification plants for energy generation, flue gas cleaning plants,
plants for the production of panelboards (MDF), thermal sludge utilization, and
biomass torrefaction plants. The publicly listed, international technology Group
is headquartered in Graz, Austria, and has a staff of around 23,900 employees.
ANDRITZ operates over 220 production sites, service and sales companies all
around the world.

ANDRITZ HYDRO supplies electromechanical equipment for hydropower stations. With
over 170 years of accumulated experience and more than 30,000 turbines installed
totaling approximately 420,000 megawatts output, the business area is one of the
world's leading system suppliers for the complete product portfolio, including
turbines, generators, and additional equipment of all types and sizes: "From
water to wire" for small hydro applications up to large hydropower plants with
outputs of more than 800 megawatts per turbine unit. ANDRITZ HYDRO also holds a
top position in the growing hydropower plant service, refurbishment, and upgrade
market. Pumps (for water transport, irrigation, and applications for various
industries) and turbogenerators for thermal power stations are also allocated to
the business area.

Further inquiry note:
Oliver Pokorny
Head of Corporate Communications
Tel.: +43 316 6902 1332
Fax: +43 316 6902 465

end of announcement                               euro adhoc 

issuer:      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 von: Andritz AG, übermittelt durch news aktuell

Weitere Meldungen: Andritz AG

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