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ANDRITZ receives refurbishment contracts for hydropower stations in New Zealand and Malawi

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Company Information

Graz/Vienna, December 22, 2015. ANDRITZ HYDRO, part of international
technology Group ANDRITZ, has received orders to refurbish two
hydropower plants in New Zealand and Malawi. The total order value
for the two hydropower stations is just over 50 million euros.

Mighty River Power Ltd., New Zealand, placed an order with ANDRITZ
HYDRO for design, delivery, installation and commissioning of three
generators, Francis turbine components including model test, and
turbine governors for the Aratiatia hydropower station located some
14 kilometers downstream of the town of Taupo, New Zealand.
Refurbishment of the three 31-megawatt hydropower units, which were
operational for over 50 years, will result in a significant increase
in the efficiency and reliability of the hydropower plant. Mighty
River Power is one of New Zealand's largest electricity companies and
covers about 17% of the country's electricity needs. More than 90% of
its electricity production comes from renewable, clean energy
sources.

Millennium Challenge Account (MCA), Malawi, has ordered the
refurbishment of Nkula A hydropower station, with a total capacity of
38 MW, from a consortium headed by ANDRITZ HYDRO. Nkula A is located
some 50 km northwest of the city of Blantyre on the Shire River and
has been in operation since 1966. ANDRITZ HYDRO's scope of supply
includes modernization of the intake structures and gates, penstocks,
and power house, new turbine runners and non-rotating turbine
components, generators, as well as a completely new high-voltage
hybrid switching station, the SCADA system, and the related civil
work.

Both plants will begin commercial operations in 2018. These contracts
once again underline ANDRITZ HYDRO's leading expertise in
refurbishment of existing hydropower stations.

- End -

Press release available for download
The press release is available for download at www.andritz.com/news.

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. The publicly
listed technology Group is headquartered in Graz, Austria, and has a
staff of almost 25,000 employees worldwide. ANDRITZ operates over 250
sites worldwide.

ANDRITZ HYDRO ANDRITZ HYDRO is one of the leading global suppliers of
electromechanical equipment for hydropower plants. With over 170
years of accumulated experience and more than 30,000 turbines
installed, totaling about 420,000 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 outputs of more than 800 megawatts per turbine unit.
ANDRITZ HYDRO is also 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 turbo-generators for thermal
power plants are also allocated to the business area.

Further inquiry note:
Dr. Michael Buchbauer

Head of Group Treasury, Corporate Communications & Investor Relations

Tel.: [phone]

Fax: [phone]

mailto:[e-mail]

end of announcement euro adhoc
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company: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English