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Jun 06, 2023 14:15 EEST
June 6 (SeeNews) - Croatia’s electrical equipment manufacturer Koncar Elektroindustrija [ZSE:KOEI], said on Tuesday its generators and motors manufacturing unit has won two new agreements for projects in Germany and Austria with a total value of over 10 million euro ($10.7 million) in their initial phase,
“The customer, Austria’s leading electricity company Verbund, selected Koncar’s bid for the comprehensive revitalization of two hydropower plants on the German-Austrian border, following a tender published in October 2022,” Koncar said in a press release.
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Within the scope of the Egglfing – Obernberg project, Koncar - Generators and Motors will manufacture six generators for the power plant located on the German side of the border, while within the scope of the Braunau – Simbach project it will revitalize four generators and manufacture new stators and rotor poles for the plant on the Austrian side.
The on-site delivery of the first generator components is planned for the first quarter of 2024, with manufacturing of the remaining generators planned in the period up to 2030 and valued at several tens of millions of euro.
The Egglfing-Obernberg hydropower plant is located on the German side of the Austrian - German border on the river Inn. The project includes upgrading the power output of the 200-tonne generators from 16 MVA to 20 MVA.
The Braunau-Simbach hydropower plant, also on the river Inn, is located on the Austrian side of the border. Within the project, the generators will also undergo an upgrade in power output, from 32 MVA to 35 MVA.
Koncar has previously secured a tender with the same customer, for the delivery of three new generators for the Ering – Frauenstein hydropower plant, which is in the final phase, and on-site operations are due to commence on the last generator.
Koncar’s shares traded flat at 135 euro intraday on Tuesday on the Zagreb bourse.
($ = 0.936 euro)
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