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| Monday, February 14, 2011 07:31 | ||
EANS-Adhoc: ANDRITZ to supply major equipment for Belo Monte hydropower plant | ||
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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.
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14.02.2011
Graz, February 14, 2011. International technology Group ANDRITZ has received an
order from Norte Energia, Brazil, to supply - as part of a consortium composed
of Alstom (consortium leader), ANDRITZ, and Voith - three Francis turbines and
generators, as well as 14 excitation systems for the main power house, as well
as six bulb turbines and six generators, all auxiliary equipment and other
hydro-mechanical equipment for the Pimental power house of the Belo Monte
project. The order value for ANDRITZ is approximately 330 MEUR.
With a planned capacity of 11,230 MW, Belo Monte will be the third largest
hydropower plant in the world. First electricity generation is expected to start
in 2014, completion of the project is scheduled for 2019. Belo Monte hydropower
plant is an important project for the Brazilian government targeting to secure
and support the fast growth of the Brazilian economy and of its population. At
full operation, Belo Monte will supply electricity for approximately 35 million
people.
With this order, ANDRITZ HYDRO once again confirms its strong competitive
position in Brazil, which is one of the fastest growing hydropower markets in
the world - more than 80% of its electricity production comes from hydropower.
ANDRITZ already successfully delivered major hydropower equipment for the
Brazilian hydropower plants in Tucurui, Serra da Mesa, and Capim Branco and is
presently executing the Jirau and San Antonio hydropower projects.
- End -
The ANDRITZ GROUP
The ANDRITZ GROUP is a global market leader for supply of systems and services
to the hydropower, pulp and paper, metals, and other specialized industries
(solid/liquid separation, feed and biofuel). The Group is headquartered in Graz,
Austria, and has a staff of approximately 14,300 employees worldwide. ANDRITZ
operates over 120 production sites, 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
mailto:michael.buchbauer@andritz.com
end of announcement euro adhoc
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issuer: 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
stockmarkets: official market: Wien
language: English
EAX0004 2011-02-14/07:31
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