Prague, Czech Republic -20 May 2005 - Mavel, a.s. announced that it has signed a contract for the supply, installation and commissioning of the second turbine and related equipment for the Lesichovo hydro power plant in Bulgaria. Mavel said that it will deliver the second horizontal Francis turbines with runner diameter of 650 mm, hydraulic unit, valve regulators and a synchronous generator.

The site is located about 90 kilometers from Sophia. The first turbine, delivered by Mavel, was installed in 2003. Commissioning of the second turbine is expected before the end of 2005. The plant is expected to have total installed power of about 3.2 MW. Net head is 57.8 meters and flow is total 6.4 cubic meters per second.

Mavel noted that this is among the largest of the small hydro plants in Bulgaria and will be the largest of the new private plants built.

Mavel is a Czech Republic-based manufacturing and engineering company focusing on production of turbines for hydro-electric power plants from 2 kW to 20 MW. Over the past ten years, the company and its subsidiary CKD TurboTechnics, s.r.o. have installed over 260 turbines at more than 200 sites around the world.