05.10.2020
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
Company Information
Graz - October 5, 2020. International technology group ANDRITZ has received a
contract from Greenko Energy Private Limited, an independent Indian power
producer, for the supply of electro-mechanical equipment for the 1,200-MW
Pinnapuram pumped storage plant. Located in the Kumool district of Andhra
Pradesh state in India, the hydropower plant will be part of the first
integrated renewable energy storage project combining electrical energy
production based on photovoltaic solar, wind, and pumped storage. Once
commissioned, Pinnapuram will be the largest pumped storage scheme in India.
Commissioning of the first units is expected by 2023.
The contract includes design, manufacture, supply, transportation, erection,
testing, and commissioning of four 240-MW units, two 120-MW reversible pump
units, main inlet valves, and associated auxiliaries.
This order not only confirms once again ANDRITZ's strong position in the Indian
hydro market, but also for pumped storage technology, which plays an important
role in providing grid stability to cope with volatile solar and wind power
supplies.
- End -
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. The global product and service portfolio is rounded
off with plants for power generation, recycling, the production of nonwovens and
panelboard, as well as automation and digital solutions offered under the brand
name of Metris. The publicly listed group today has around 27,800 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 175 years of experience
and an installed fleet of more than 430 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.
end of announcement euro adhoc
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
Andritz
Akt. Indikation: 38.90 / 39.24
Uhrzeit: 22:56:14
Veränderung zu letztem SK: 0.23%
Letzter SK: 38.98 ( -2.11%)
Bildnachweis
1.
Das Andritz-20-Rollen-Kaltwalzwerk in Viersäulenbauweise, geliefert an Harada Metal Industry Co., Ltd. Japan, hat erfolgreich und planmäßig sein erstes Band gewalzt, Credit: Andritz
, (© Aussender) >> Öffnen auf photaq.com
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