EANS-News: ANDRITZ to equip two hydropower stations in East Asia

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Company Information

Graz/Vienna, December 18, 2015. ANDRITZ HYDRO, part of international
technology Group ANDRITZ, has received contracts from Vietnam and
South Korea to supply electromechanical equipment for hydropower
stations with a total value of around 65 million euros.

VNECO Hoi Xuan Investment and Electricity Construction, Vietnam, has
awarded ANDRITZ HYDRO an order for the supply of three bulb turbines
and generators as well as additional equipment for the new Hoi Xuan
hydropower station. Commissioning of the plant is scheduled for the
beginning of 2018. It will supply more than 425 gigawatt hours of
renewable energy every year for Vietnamese households and the local
industry.

Korea Water Resources has awarded ANDRITZ HYDRO the refurbishment of
the Andong hydropower station in South Korea. Two diagonal turbine
generator sets each with an output of 46.3 megawatts are to be
modernized by the middle of 2019. Korea Water Resources supplies one
quarter of South Korea's renewable energy and also operates the
world's largest tidal power plant, located in Sihwa and equipped by
ANDRITZ HYDRO.

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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
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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
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language: English