Andritz Wins South Korean Hydropower Supply Contract, Adding to Global Project Backlog

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Written by Eric Funderburk for IIR News Intelligence (Sugar Land Texas)

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Summary

Austrian company Andritz's win this week to supply two turbines to a pumped-storage hydropower project in South Korea joins a recent win to refurbish a major Norwegian hydropower plant as well as multiple contracts obtained last year for hydropower projects throughout the world.

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A Substantial Win

Austrian hydropower equipment provider Andritz (Graz) this week announced that it has chalked up another major project win. South Korea's Doosan Enerbility (Changwon) and its partner awarded Andritz the contract to design and supply key equipment for a grassroot 500-megawatt (MW) pumped-storage hydropower project in Chungcheong province.

Pumped-storage hydro projects represent a form of renewable-based energy storge in which water is moved from a lower to higher reservoir in times of low power demand and then released back to the lower reservoir, powering turbines, in times of higher demand, providing a boost to available power.

Andritz will supply two 250-MW turbines, generators, auxiliary systems, governors, digital control systems and other equipment to the project, which is expected to be completed in 2030. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more by viewing the project report.

South Korea's Pumped-Storage Targets & Andritz's Presence

South Korea has set the ambitious target of constructing 5.7 gigawatts (GW) of pumped-storage hydropower in the country by 2037 to help flatten the intermittent peaks and valleys in wind and solar power generation. The goal was established last year in the country's 11th Long-Term Energy Plan, which covers 2024-38. Andritz's recent win represents one of the first moves toward this goal.

Andritz already has a strong past presence in South Korea. Trade publication International Water Power and Dam Construction reports that Andritz "has previously delivered or rehabilitated around 40 hydropower units in South Korea, representing a combined installed capacity of more than 1 GW."

Other Andritz Wins

• Norway - Andritz's South Korea win comes only a little more than month after the announcement of another significant project win for the company--this one in Norway. In mid-December, Norway's Statkraft Energi AS (Oslo) selected Andritz to refurbish key components of the Svartisen hydropower plant. The facility was originally commissioned in 1993 and was expanded in 2010, and its equipment is due for an overhaul. Andritz will refurbish the facility's two Francis turbines (250 MW and 350 MW) as well as the main inlet valve. Both units will be equipped with new governors.
  
  Industrial Info expects work on the 350-MW Unit 2 to be completed first, in 2027, followed by the 250-MW Unit 1 the following year. Subscribers can learn more by viewing the related project reports.
  
  While that win was the company's last major win announced in 2025 (although the South Korea contract will be counted as a 4Q25 achievement for the company), it joined multiple other project awards Andritz received in 2025.


• Turkey - Starting in late spring of 2025 and carrying on for several months, Andritz was awarded a slew of contracts last year. One of the first of these was for the Incir hydropower plant in Turkey. The turnkey contract was described as a "water-to-wire" contract, encompassing the engineering, manufacturing, supply, installation and commissioning of all equipment including two Francis turbines that will generate a combined 123 MW. Subscribers can click here to learn more about the project. The project is expected to be completed in 2029.


• India - Momentum was strong in the summer, when Andritz was awarded at least two major hydropower contracts. An initial announcement was made for the grassroot Tarali pumped-storage hydropower plant in India, a 1,500-MW undertaking in which Andritz will supply the pump turbines, motor generators and other electrical equipment for the plant. Andritz has said it will employ its Indian manufacturing facilities for the project. The project is currently under construction and is expected to be completed in 2030. Click here to see the project report.


• Mozambique - Andritz announced another project win about a month later, a key contract for the refurbishment of Mozambique's 2.4-GW Cahora Bassa hydropower plant, which was commissioned in 1975 and since that time has supplied more than half of the country's power. The plant also provides energy to surrounding nations. Under the contract, Andritz will deliver five 480-megavolt-amperes generators as well as new runners for the Francis turbines. Other control systems and mechanical structures also will be supplied. The work is expected to carried out while ensuring the continuous operation of the plant, which is a key element in Mozambique's power mix. Subscribers can learn more by viewing the project report.


• Thailand - Later on in the year, Andritz announced another major contract--this time on a plant where the company had previously performed modernizations on three Francis turbines. Now Andritz will be replacing two 180-MW pump turbine units at Thailand's Electricity Generating Authority's (Nonthaburi) Srinagarind plant on the Kwai Yai River. Andritz's initial replacement work for Unit 4 is just getting started and expected to last about a year and a half, while work on Unit 5 is slated to take place throughout next year. Subscribers can learn more by viewing the related project reports.

U.S. Projects

While Andritz's U.S. contract awards last year pale in comparison to the 2.4-GW Thai project or 1.5-GW Indian plant, Andritz remains busy in the U.S. hydropower sector, primarily in the form of plant modernizations and equipment upgrades at existing facilities. One of the company's major projects, which is being achieved in multiple stages, is a series of turbine upgrades and generator rewinds at the U.S. Army Corps of Engineers' Old Hickory Hydropower Station in Sumner County, Kentucky. Work on the turbine and generator components of Unit 1 already is underway, with Unit 2 work expected to begin later this year, followed by the Unit 3 turbine and generator in 2027. Subscribers can learn more by viewing the related project reports.

Key Takeaways

• This week, Andritz announced that it has won a contract to supply equipment for a 500-MW hydropower in South Korea.
• The win joins recent prior awards in Mozambique, India, Thailand and Turkey.
• Andritz is currently refurbishing the turbines and generators for three units at the Old Hickory Hydropower Station in Kentucky.

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About IIR News Intelligence
IIR News Intelligence is a trusted source of news for the industrial process and energy markets, powered by Industrial Info Resources' Global Market Intelligence (GMI).

About Industrial Info Resources
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 250,000 current and future projects worth $30.2 Trillion (USD).