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EANS-Adhoc: ANDRITZ receives major hydropower order in Albania
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distribution. The issuer is solely responsible for the content of this
announcement.
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17.09.2009
Graz/Vienna, September 17, 2009. International technology Group ANDRITZ has
received an order from ENERGJI ASHTA Shpk, a subsidiary of Austria´s largest
electric utility Verbund, to supply the electromechanical equipment for the
Ashta power plant in Albania, using ANDRITZ´s proven HYDROMATRIX® technology.
The order value for ANDRITZ is approx. 100 MEUR. The power plant is scheduled to
start operation in 2012.
ANDRITZ HYDRO will build the HYDROMATRIX® power plant on the River Drin in
northern Albania in two stages. Each of the two stages will be equipped with 45
HYDROMATRIX® Turbine Generator Units. The total installed capacity of the power
plant will be over 50 MW.
The outstanding aspect of the HYDROMATRIX® concept is the innovative utilization
of proven waterpower technologies. In this modular system, several small turbine
generator units are installed in a matrix-type arrangement, where each
individual unit can be operated and maintained separately. The resulting
minimisation of the required civil structures has significant advantages in
terms of space requirements, thus considerably reducing the environmental
effects and construction costs of the project.
Concepts for utilising this section of the River Drin for energy generation have
been under discussion since the 1990ies, but have not been realized so far due
to expected non-viability of conventional hydropower technology at this site.
Currently, a large percentage of Albania´s energy consumption is covered by
expensive electricity imports from neighbouring countries such as Greece. Ashta
is the first of several planned hydropower projects to be implemented by
utilising a Build-Operate-Transfer (BOT) model in order to attract foreign
investment. With this concept, the Albanian government wants to counteract the
energy shortage in the country.
HYDROMATRIX® is a registered trademark of ANDRITZ HYDRO.
- End -
The ANDRITZ GROUP
The ANDRITZ GROUP is a global market leader for customized plants, process
technologies, and services for the hydropower, pulp and paper, metals, and other
industries (solid/liquid separation, feed and biofuel). The Group is
headquartered in Graz, Austria, and has a staff of approx. 13,400 employees
worldwide. ANDRITZ operates over 150 production sites, service, and sales
companies all around the world.
ANDRITZ HYDRO
ANDRITZ HYDRO is a global supplier of electromechanical systems and services
(`water-to-wire´) for hydropower plants. The company is a leader in the world
market for hydraulic power generation and has a top position in the growing
power plant refurbishment segment. This and other press releases of ANDRITZ
HYDRO are available for download at www.andritz-hydro.com.
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
Ende der Mitteilung euro adhoc
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emitter: 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, ATXstockmarkets: official dealing: Wien
language: English
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