Andritz Secures Major Serbian Hydropower Modernization Contract

Austria's Andritz secures a contract to modernize Serbia's historic Vlasinske hydropower plants, boosting capacity by 8 MW. The project, backed by EBRD, will be booked in Q1 2026.

Austrian technology group Andritz has strengthened its footprint in Southeastern Europe by securing a significant contract to upgrade a series of historic hydropower plants in Serbia. This project, which will be booked in the company's order intake for the first quarter of 2026, represents a strategic move to enhance the efficiency and output of existing energy infrastructure rather than merely replacing outdated equipment.

Strategic Expansion in Renewable Energy

The Serbian government is actively pursuing programs to improve the efficiency of its national energy generation. This policy environment creates reliable business opportunities for companies like Andritz, which specializes in the modernization of hydropower assets. The latest contract underscores the Austrian firm's position as a preferred partner for international infrastructure projects focused on optimizing existing capacities, providing a solid component for its current fiscal year in the renewables sector.

The order, awarded by the company Energotehnika Južna Ba?ka, involves the modernization of the Vlasinske hydropower plants. These facilities have been operational since 1955. The modernization initiative is financially supported by loans from the European Bank for Reconstruction and Development (EBRD).

Project Specifications and Technological Scope

Andritz will supply a tailored mix of turbine technology to meet the specific local requirements for water head and flow rates at the Serbian sites. This demonstrates the group's technological flexibility in delivering customized solutions.

The key details of the contract are as follows:
* Technology Supplied: 4 Pelton and 6 Francis turbines
* Contract Value: Low double-digit million-euro range
* Order Booking: To be recorded in Q1 2026
* Capacity Increase: Plant output will rise by 8 megawatts, from 130 MW to 138 MW

This upgrade goes beyond a simple technical refresh, aiming for a targeted increase in both the efficiency and the power generation capacity of the aging facilities. The project contributes to Andritz's ongoing business expansion in a region with considerable potential for infrastructure development.