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GlobeNewswire (Europe)
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Pöyry Oyj: Pöyry awarded engineering services assignments for Transmission & Distribution projects in Hungary

PÖYRY PLC   Press Release 15 February 2017 at 10:00 (EET)

MVM OVIT has awarded Pöyry with the complex engineering services assignment for the Szabolcsbáka substation in Hungary. The assignment includes feasibility studies (already executed), complete design, licensing works and site engineering services during installation and finalizing with operating licenses and as-built documentation for the Szabolcsbáka 750 / 400 kV Air-Insulated Switchgear (AIS) substation and the connecting 750 kV and 400 kV overhead lines (OHLs).

The duration of design phase of the project is 8 months, the licenses 6 months, construction is approximately 18 months with the substation due to be commissioned at the end of 2019.

The substation, located on the east side of Hungary, is unique in the Hungarian Power System both in voltage level and configuration aspects. The 750/400/15 kV single phase transformers have 1100/1100/240 MVA capacity in the three phases. 

Pöyry has also been awarded similar assignments in Hungary during this financial period including the complete design, licensing works and site engineering services of two (Gönyu, Sajóivanka) 400 kV interconnection OHLs between Hungary and Slovakia and extensions of connecting 400 kV/ 120 kV AIS substations.

Whilst extra high voltage (HV) substations and OHL design and services are not very common in Europe, Pöyry is well placed to support such projects through its international experience and competence in this area. These projects further strengthen Pöyry's leading position in the Hungarian power market.

"Pöyry's comprehensive offering for the power transmission and distribution sector in Europe underlines the company's commitment to supporting its clients with the challenges of a changing power sector. Upgraded grid infrastructures are instrumental in adopting the future generation mix and to guarantee reliable power supply to all clients", says Frank Jarosch, Pöyry's Head of Transmission and Distribution.

The value of these orders is not disclosed. The orders will be recognised within the Energy Business Group order stock in Q1 2017.

For further information:

Gabor Podonyi
Head of Transmission & Distribution Department, Hungary 
Pöyry
Tel: +36 30 251 0194

Frank Jarosch
Vice President, Transmission & Distribution, Energy Business Group
Pöyry
Tel: +49 899 547 7126

Did you know? Pöyry is one of the world's leading consulting and engineering companies within the energy sector with projects totalling over 100 GW of installed capacity worldwide. www.poyry.com/sectors/energy/transmission-distribution (http://www.poyry.com/sectors/energy/transmission-distribution)

About Pöyry

Pöyry is an international consulting and engineering company. We deliver smart solutions across power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry's net sales in 2016 were EUR 530 million. The company's shares are quoted on Nasdaq Helsinki (POY1V). Approximately 5500 experts. 40 countries. 130 offices.

www.poyry.com (http://www.poyry.com)



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pöyry Oyj via Globenewswire

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© 2017 GlobeNewswire (Europe)
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