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Andritz to supply pump turbines for the world’s largest pumped storage power station

Published: September 4, 2017; 08:10 · (FriedlNews)

International technology group Andritz has received a contract from the state-owned Chinese energy utility company Fengning Pump Storage Co. Ltd., State Grid Xinyuan Co. Ltd. to supply two variable speed pump turbines for the new Fengning pumped storage power plant in Hebei Province, China.

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

Company Information

Graz - Graz/Vienna, September 4, 2017. International technology group ANDRITZ
has received a contract from the state-owned Chinese energy utility company
Fengning Pump Storage Co. Ltd., State Grid Xinyuan Co. Ltd. to supply two
variable speed pump turbines for the new Fengning pumped storage power plant in
Hebei Province, China. The contract value amounts to just under 70 million
euros, and completion of the project is scheduled for 2021.

The ANDRITZ scope of supply includes two pump turbine motor generator units
with variable speed and a nominal capacity of 330 MVA in generator mode and of
345 MVA in pump mode. Additionally, AC-excitation, governor, as well as
protection and computer control systems will be supplied.

The Fengning pumped storage plant will be the world's largest pumped storage
power plant, equipped with 12 x 300 MW pump turbine units in one cavern. The
two variable speed units will be supplied by ANDRITZ.

For ANDRITZ, this order means a re-entry into the rapidly growing Chinese
pumped storage market; it is also the first order to be awarded worldwide for
supply of variable speed pump turbine units to China.

- End -

Press release available for download The press release is available for
download at www.andritz.com/news [http:// 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 as well as for animal feed and biomass
pelleting. Other important business segments include automation and service
business. In addition, the international Group is also active in the power
generating sector (steam boiler plants, biomass boilers, recovery boilers, and
gasification plants) and in environmental technology (flue gas cleaning plants)
and offers equipment for the production of nonwovens, dissolving pulp, and
panelboard as well as recycling plants. The publicly listed technology Group is
headquartered in Graz, Austria, and has a staff of approximately 25,400
employees. ANDRITZ operates more than 250 sites in over 40 countries.

ANDRITZ HYDRO ANDRITZ HYDRO is one of the leading global suppliers of
electromechanical equipment for hydropower plants. With over 175 years of
accumulated experience and more than 31,000 turbines installed, totaling
approximately 430,000 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 out-puts of more than 800 megawatts per turbine unit. ANDRITZ HYDRO is
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
turbogenerators for thermal power plants are also allocated to the business
area.
Further inquiry note:
Dr. Michael Buchbauer

Head of Group Finance, 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
ISIN: AT0000730007
indexes: WBI, ATX
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/2900/aom

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