PR Newswire/euro adhoc/
EANS-Adhoc: ANDRITZ to supply electromechanical equipment for Xayaburi
hydropower plant, Lao People's Democratic Republic
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.
Graz, October 25, 2012. International technology Group ANDRITZ has received an
order from CH. Karnchang (Lao) Company Ltd. to supply the electromechanical
equipment for the Xayaburi run-of-river hydropower station, Lao People's
Democratic Republic. The order value is about 250-300 MEUR and the order is
planned to come into force during the next six months. Start-up is scheduled for
the end of 2019.
ANDRITZ HYDRO emerged as best bidder in an international tendering process with
suppliers from Europe and Asia and will deliver seven Kaplan turbines, each with
an output of 175 MW, an additional Kaplan turbine with an output of 68.8 MW,
generators and governors, automation systems, and additional equipment. With a
nominal capacity of 1,285 MW, the Xayaburi run-of-river hydropower station will
have an annual output of 7,406 GWh (equal to the capacity of an average European
nuclear power plant) and will provide electricity for around one million
households. The size of the hydropower plant is comparable to medium-sized
plants, for example in North America. Unlike storage power plants, only small
volumes of water are stored in run-of-river hydropower stations.
Due to the shortage or entire lack of other energy resources, Laos has focused
for years on expanding hydropower in order to improve the standard of living of
its population (half of the population has no electricity supply), stimulate the
country's economic growth, and reduce its dependence on fossil energy resources.
In collaboration with European experts, the Lao government has generally
approved the project on the basis of accompanying measures addressing ecological
and social aspects. In the course of the further process, the accompanying
measures (for example fish ladders) will be defined in detail in cooperation
with all stakeholders involved.
The modern technology offered by ANDRITZ HYDRO and the successful supply of
electromechanical equipment by ANDRITZ for Nam Theun II hydropower plant in
Laos, which went into operation in 2010, were decisive in award of the order.
Nam Theun is considered a showcase project worldwide for sustainable
hydroelectric power plants and a project in which numerous accompanying social
and ecological measures were implemented successfully in compliance with the
guidelines of the World Bank and the International Monetary Fund.
- End -
The ANDRITZ GROUP
International technology Group ANDRITZ is a global 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 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 more than 17,400 employees worldwide. ANDRITZ
operates over 180 production sites as well as service and sales companies all
around the world.
Further inquiry note:
Dr. Michael Buchbauer
Head of Group Treasury, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
issuer: Andritz AG
Stattegger Straße 18
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
sector: Machine Manufacturing
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
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-0- Oct/25/2012 06:16 GMT
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