Article: Austrian Andritz gets EUR 100m hydropower order in Albania.

Article from:
ADP News Austria
Article date:
September 17, 2009
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(ADPnews) - Sep 17, 2009 - Austrian industrial group Andritz AG (WBAG:ANDR) said on Thursday it had received a EUR-100-million (USD 147.324m) order in Albania from Energji Ashta Shpk, a unit of Austrian utility Verbund (WBAG:VER).

Under the contract Andritz is to supply the electromechanical equipment for the Ashta power plant in Albania, using its proven Hydromatrix technology. The power plant should start operation in 2012.

Andritz Hydro, part of the group Andritz, should build the Hydromatrix power plant on the River Drin in northern Albania in two stages. Each of the two stages will be ...

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