Andritz receives major order for hydropower plant

Andritz has won a 107 million Euro ($140 million) order from the Egyptian Ministries of Energy and Water Resources to supply and install turbines, generators and electrical and hydro-mechanical equipment in Assiut, which hosts the oldest dam in the Egyptian section of the River Nile. The contract is scheduled to become active during the first quarter of 2012. The Assiut dam rebuild will not only considerably improve irrigation and shipping, but also create the means of generating electricity from renewable hydropower. As of 2017, the four Andritz Hydro units, with a total output of 32 MegaWatts, will provide approximately 75,000 households with environment-friendly electricity. The Andritz Group is a global market leader in customised plant systems and services for hydropower, pulp and paper, steel and other specialised industries. The group is headquartered in Graz, Austria, and has a staff of approximately 16,700 employees worldwide. It develops and makes its high-tech systems at production, service and sales sites all around the world.