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EANS-News: ANDRITZ receives order for rehabilitation of Inga 2 hydropower plant, DR Congo

Geschrieben am 19-03-2012

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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/Vienna, March 19, 2012. International
technology Group ANDRITZ received a contract for reconstruction and
rehabilitation of two Francis units (178 MW each) for the Inga 2
hydropower plant, DR Congo. The contract value of this project, which
is being supported by financing of the World Bank, is approximately
45 MEUR. Commissioning is scheduled for 2015.

As part of a consortium, ANDRITZ HYDRO is responsible for the entire
mechanical part of the rehabilitation including the repair and
overhaul of the penstocks, the hydraulic steelworks, and the two
Francis turbines. In order to achieve high efficiency with optimum
performance, high reliability, and low maintenance requirements, all
core parts of the turbines with runner diameters of 6.2 m will be
newly designed and replaced by modern, robust equipment.

The Inga hydropower plant was built in the 1970s on the Congo River,
about 300 km south of the capital, Kinshasa, and currently uses only
a small part of the enormous hydropower potential available. With the
modernization and repair of the two turbines, which have been out of
service for many years, the government of DR Congo is taking an
important step towards improving the country´s national electric
grid, which presently suffers frequent outages.

- End -

The ANDRITZ GROUP International technology Group ANDRITZ is a
globally leading supplier of plants, equipment, and services for
hydropower stations, the pulp and paper industry, solid/liquid
separation in the municipal and industrial sectors, the steel
industry, 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 panelboard (MDF), thermal sludge utilization, and
torrefaction plants. The publicly listed ANDRITZ GROUP is
headquartered in Graz, Austria and has a staff of approximately
16,700 employees worldwide. ANDRITZ operates over 180 production
sites as well as 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
accumulated 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 power
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, 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


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