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EANS-Adhoc: ANDRITZ to supply electromechanical equipment for Ilisu hydropower station, Turkey
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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
announcement.
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15.06.2010
Graz/Ankara, June 15, 2010. International technology Group ANDRITZ will supply
electromechanical equipment with a total value of approximately 340 MEUR as part
of the construction of the Ilisu hydropower station in Turkey. Following the
temporary suspension of the supply contracts, all contractual requirements for
their resumption have now been met; thus, ANDRITZ will book the order presumably
in the second quarter of 2010.
ANDRITZ HYDRO´s scope of supply includes six Francis turbines each with an
output of 200 MW, six generators, additional equipment, as well as engineering
services. The delivery time is seven years in total. ANDRITZ HYDRO is part of
the delivery consortium led by the Turkish construction company Nurol and which
includes also other European and Turkish companies. Total costs of the project
amount to approximately 1.1 billion Euros.
As a result of its rapid economic growth and the accompanying sharp rise in
electricity demand, the expansion of hydropower is important for Turkey. Ilisu
will supply eco-friendly electricity for two million households as from 2015.
The Turkish government will not only comply with the extensive legal
requirements, but has also officially stated that it will abide unchanged by the
planned accompanying measures relating to environmental protection and to social
and cultural aspects. The infrastructure for the local population will also see
considerable improvement. Together with erection of the hydropower plant, modern
wastewater treatment plants will be built for three cities (among them
Diyarbakir with a population of around 800,000), the drinking water supply will
be enhanced, and bridges and roads will be built. Thus, a total of around 4,000
new jobs will be created.
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The ANDRITZ GROUP
The ANDRITZ GROUP is a global market leader for supply of systems and services
to the hydropower, pulp and paper, metals, and other specialized industries
(solid/liquid separation, feed and biofuel). The Group is headquartered in Graz,
Austria and has a staff of approximately 13,400 employees worldwide. ANDRITZ
operates over 120 production sites, service and sales companies all around the
world.
ANDRITZ HYDRO
ANDRITZ HYDRO is a world leader in the supply of turnkey plants and services for
hydropower stations. In addition, rehabilitation and upgrading of existing
plants are offered. Further fields of activity are development, design, and
manufacture of pumps for selected applications (e.g. for water transport, in the
energy sector, and 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:[email protected]
end of announcement euro adhoc
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issuer: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: [email protected]
WWW: www.andritz.com
sector: Machine ManufacturingISIN: AT0000730007
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English
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