euro adhoc: Andritz AG
other
New large order for Andritz VA TECH HYDRO
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
14.05.2008
Graz/Vienna, 14 May 2008. Enerjisa, a joint venture of Österreichische Elektrizitätswirtschafts-AG (Verbund) and H.Ö. Sabanci Holding A.S., Turkey, has chosen a consortium led by Andritz VA TECH HYDRO to supply the complete electro-mechanical equipment, including service work, for the Turkish hydropower plant cascade in Kahramanmaras (consisting of the Kandil, Sarigüzel, and Hacininoglu hydropower stations, with a total output of 452 MW). The order value is approximately 70 million Euros.
Enerjisa is currently planning to build a total of nine hydropower plants with an overall capacity of around 1,000 MW. The hydropower stations of the Kandil Cascade are the first step, and are planned to be put into operation by the end of 2010.
Turkey currently operates hydropower stations with a total capacity of 13,500 MW and has a further capacity of approximately 4,500 MW under construction. Nearly two thirds of the hydropower plants installed in Turkey were equipped by Andritz VA TECH HYDRO, which confirms the strong market position of Andritz VA TCH HYDRO in the rapidly expanding Turkish hydropower market.
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Enerjisa Enerjisa has total installed generating capacity of 455 MW. The company owns and operates four natural gas power plants located in Kocaeli, Adana, Çanakkale and Mersin, with a total capacity of 370 MW, and four hydropower plants with a total capacity of 85 MW located in Antalya, Mersin and Kahramanmaras.
Andritz VA TECH HYDRO Andritz VA TECH HYDRO, a member of the Andritz
Group, 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.The Andritz Group The Andritz Group is a global market leader in the supply of customized plants, systems, and services for the pulp and paper industry, the hydropower industry, the steel industry, and other specialized industries (solid/liquid separation, feed, and biofuel). Headquartered in Graz, Austria, the Group has about 12,300 employees worldwide. It manufactures and sells its products and services globally.
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