euro adhoc: Andritz AG
other
Andritz VA TECH HYDRO receives major orders
from India
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
19.12.2007
Andritz VA TECH HYDRO, a member of technology group Andritz, received orders for hydropower station equipment in the amount of approximately 210 million Euros via its Indian affiliates VA TECH HYDRO India Pvt. Ltd., Bhopal and VA TECH ESCHER WYSS Flovel Ltd., Prithla, thus further extending its excellent market position in the fast-growing Indian hydropower market.
For Teesta Urja Limited, Gurgaon, New Delhi, India, Andritz VA TECH HYDRO will supply the complete electromechanical equipment for six vertical Pelton machine sets for Stage III of Teesta Hydropower Station. The total nominal output will be 1,200 MW. The six sets will go online by August 2011.
Jaiprakash Industries placed an order with Andritz VA TECH HYDRO to supply four erosion-resistant Francis turbines with a total output of 1,200 MW for Karcham Wangtoo Hydropower Station on the river Satluj. These four units will also go on-stream by August 2011.
Both the Satluj and the Teesta rivers carry large amounts of sand from the Himalayas during the rainy season. Due to its high quartz content, this sand can cause major erosion damage to the turbine parts. Therefore, the aspect of erosion-resistance was given special attention in the turbine design. In addition, all turbine runner surfaces in contact with water will be provided with a very hard, special ceramic coating.
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Andritz VA TECH HYDRO Andritz VA TECH 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. This and other press releases of Andritz
VA TECH HYDRO are available for download on our website
www.vatech-hydro.com.The Andritz Group Stock exchange listed Andritz Group is a global market leader for advanced production systems for pulp and paper, steel, and other specialized industries. In addition, Andritz is also one of the leading global suppliers of electromechanical systems and services for hydropower plants. Andritz has a staff of approximately 11,200 employees worldwide. It develops and makes its high-tech systems at 35 production sites (Austria, Germany, Finland, Denmark, France, Netherlands, USA, Canada, and China). +++
end of announcement euro adhoc
Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com
Branche: Machine Manufacturing
ISIN: AT0000730007
WKN: 632305
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing