EQS-Adhoc: ANDRITZ AG: Renewable energy for Lao PDR – ANDRITZ receives contract for Luang Prabang hydropower plant

EQS-Ad-hoc: Andritz AG / Key word(s): Miscellaneous
ANDRITZ AG: Renewable energy for Lao PDR – ANDRITZ receives contract for
Luang Prabang hydropower plant

19-Dec-2022 / 16:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.

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GRAZ/VIENNA, DECEMBER 19, 2022. International technology group ANDRITZ has
received an order from CH. Karnchang (Lao) Company Ltd. to supply the
electro-mechanical equipment for the newly constructed Luang Prabang
run-of-river hydropower plant, Lao People’s Democratic Republic. The
contract amount is in the mid triple-digit million-euro range. The
contract will come into force in January 2023. Commissioning is scheduled
for the end of 2029.

The ANDRITZ scope includes design, manufacturing, supply, transportation,
erection, testing and commissioning of seven large Kaplan
turbine-generator units (203 MW output each) and three smaller units (18
MW each) including transformers, governors, control, excitation and
protection and SCADA systems as well as the electrical power and
associated auxiliary systems.

With a nominal capacity of 1,470 MW, the Luang Prabang run-of-river
hydropower plant will have an annual output of about 6,500 GWh and will
provide renewable energy to the electricity network of the Kingdom of
Thailand. The state-of-the art turbine-generator units at Luang Prabang
will feature oil-less turbine runners and a fish-friendly design which
significantly contribute to the environmental plant design measures of CH.
Karnchang.

By securing this prestigious contract, ANDRITZ will further consolidate
its leading position in the hydropower market in Laos and the whole
region.

– End –

INSIDER INFORMATION AVAILABLE FOR DOWNLOAD
This insider information is available for download at [1]andritz.com/news.

FOR FURTHER INFORMATION, PLEASE CONTACT

ANDRITZ GROUP
Dr. Michael Buchbauer
Head of Corporate Communications
michael.buchbauer@andritz.com
andritz.com

ANDRITZ HYDRO
DI Alexander Schwab
Senior Vice President Market Management & Corporate Communications
alexander.schwab@andritz.com
andritz.com

ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of
innovative plants, equipment, systems and services for the pulp and paper
industry, the hydropower sector, the metals processing and forming
industry, pumps, solid/liquid separation in the municipal and industrial
sectors, as well as animal feed and biomass pelleting. Plants for power
generation, flue gas cleaning, recycling, and the production of nonwovens
and panelboard complete the global product and service offering.
Innovative products and services in the industrial digitalization sector
are offered under the brand name Metris and help customers to make their
plants more user-friendly, efficient and profitable. The publicly listed
group has around 27,900 employees and more than 280 locations in over 40
countries.

ANDRITZ HYDRO
ANDRITZ Hydro is one of the globally leading suppliers of
electromechanical equipment and services for hydropower plants. With over
180 years of experience and an installed fleet of more than 470 GW output,
the business area provides complete solutions for hydropower plants of all
sizes as well as services for plant diagnosis, refurbishment,
modernization and upgrade of existing hydropower assets. Pumps for
irrigation, water supply and flood control as well as turbo generators are
also part of this business area’s portfolio.

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19-Dec-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Phone: +43 (0)316 6902-0
Fax: +43 (0)316 6902-415
E-mail: welcome@andritz.com
Internet: www.andritz.com
ISIN: AT0000730007
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1516809

 
End of Announcement EQS News Service

1516809  19-Dec-2022 CET/CEST

References

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