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EANS-News: ANDRITZ HYDRO to modernize Dnipro 1 hydropower station, Ukraine

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
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Company Information

Graz/Vienna, March 24, 2017.  ANDRITZ HYDRO, part of international technology 
Group ANDRITZ, was awarded a contract by state-owned utility Ukrhydroenergo 
for modernization of the Dnipro 1 hydropower station on the Dnieper River, 
Ukraine. The project is part of a rehabilitation program financed by the 
European Bank of Reconstruction and Development (EBRD). The contract value 
for ANDRITZ HYDRO amounts to approx. 60 million euros. Completion of the 
project is scheduled for the end of 2021.

ANDRITZ HYDRO's scope of supply includes the complete rehabilitation of 
three 75 MW Francis turbines and generators, including dismantling, supply of 
new equipment, installation, and testing. Except for the embedded parts, 
all major components will be replaced by new equipment. The modernization 
will increase the output from 64 to 75 MW and substantially enhance reliability 
and safety. A hydraulic model test will allow optimum performance of the new 
turbines to be defined and demonstrated within the geometric conditions of the 
existing powerhouse. 

Ukrhydroenergo owns and operates nine hydropower stations with a total of 
102 turbine generator sets and a capacity of 5,744 MW on the rivers Dnieper 
and Dniester. After completion of this rehabilitation program, the company's 
contribution to the country's electricity supply will be more than 15%. 
Dnipro 1 was the first hydropower plant on the Dnieper River and was built 
between 1927 and 1932. 

ANDRITZ HYDRO has been present in the Ukraine for a long time; the present 
project further strengthens ANDRITZ HYDRO's position in this growing hydropower 
market.


- End -


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 as well as for animal feed and biomass pelleting. Other important 
business segments include automation and service business. In addition, 
the international Group is also active in the power generating sector 
(steam boiler plants, biomass boilers, recovery boilers, and gasification 
plants) and in environmental technology (flue gas cleaning plants) and offers 
equipment for the production of nonwovens, dissolving pulp, and panelboard as 
well as recycling plants. The publicly listed technology Group is headquartered 
in Graz, Austria, and has a staff of approximately 25,200 employees. ANDRITZ 
operates more than 250 sites in over 40 countries.

ANDRITZ 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 out-puts of more than 800 megawatts per turbine unit. 
ANDRITZ HYDRO is 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 
turbogenerators for thermal power plants are also allocated to the 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 
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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
indexes:     WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien 
language:   English

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