EANS-News: ANDRITZ to supply hydro- and electro-mechanical equipment for the new Abdelmoumen pumped storage hydropower plant, Morocco

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

Company Information

Graz - MARCH 6, 2018. International technology Group ANDRITZ has received an
order - as part of a consortium - from l'Office Nationale de l'Électricité et de
l'Eau potable (ONEE) for supply of hydro- and electro-mechanical equipment for
the new Abdelmoumen pumped storage hydropower plant located on the River Issen
in Taroudant Province, about 140 km southwest of Marrakech, Morocco. The order
value for ANDRITZ is over 120 million euros. Construction work will start in the
first half of 2018 and is expected to be completed in 2022.

ANDRITZ's scope of supply comprises design, manufacturing, delivery,
installation, supervision, and commissioning of two 175 MW reversible pump
turbines, motor generators, and electrical power systems. The consortium leader,
the French company VINCI CONSTRUCTION GRANDS PROJETS, will perform all of the
important civil engineering work for the project. Both companies are combining
their expertise to jointly realize the technically challenging 3 km steel-lined
waterway, consisting of a 2 km-long penstock, more than 700 m of tunnels made of
sections of between 3.5 and 5 m in diameter, and three shafts up to 60 m in
height.

To provide a reliable base for the design of the pump turbines, ANDRITZ
conducted broad research and model testing activities. Operating under the
outstanding, high net head of about 554 m, the ANDRITZ design ensures that the
two pump turbines are able to accommodate 20 rapid mode changes per day and at
the same time meet both the high efficiency and reliability requirements for
many years to come.

Abdelmoumen will cover peak-load energy demands and provide rapid response power
to regulate the Moroccan grid.

- End -

ANDRITZ GROUP
ANDRITZ is a globally leading supplier of plants, equipment, and services for
hydropower stations, the pulp and paper industry, the metal working and steel
industries, and for solid/liquid separation in the municipal and industrial
segments. Other important fields of business are animal feed and biomass
pelleting, as well as automation, where ANDRITZ offers a wide range of
innovative products and services in the IIoT (Industrial Internet of Things)
sector under the brand name of Metris. In addition, the international technology
Group is active in power generation (steam boiler plants, biomass power plants,
recovery boilers, and gasification plants) and environmental technology (flue
gas cleaning plants) and offers equipment for the production of nonwovens,
dissolving pulp, and panelboard, as well as recycling plants.

A passion for innovative technology, absolute customer focus, reliability, and
integrity are the central values to which ANDRITZ commits. The listed Group is
headquartered in Graz, Austria. With over 160 years of experience, 25,600
employees, and more than 250 locations in over 40 countries worldwide, ANDRITZ
is a reliable and competent partner and helps its customers to achieve their
corporate and sustainability goals.

HYDRO
ANDRITZ Hydro is one of the leading global suppliers of electromechanical
equipment for hydropower plants. With over 175 years of accumulated experience
and more than 31,000 turbines installed, totaling approximately 430,000
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 has a
leading position 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 turbogenerators
for thermal power plants are also assigned to this business area.

Further inquiry note:
Dr. Michael Buchbauer
Head of Group Finance, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

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
mail: welcome@andritz.com
WWW: www.andritz.com
ISIN: AT0000730007
indexes: WBI, ATX
stockmarkets: Wien
language: English

Original-Content von: Andritz AG, übermittelt durch news aktuell