March 31, 2009
Suzlon secures 132 MW order with Australias AGL Energy
- AGL places large EPC repeat order
- Turnkey contract for the AGL Hallett IV wind farm
for 63 x S88 2.1 MW turbines
Pune: Suzlon Energy Limited - the world's fifth largest wind turbine maker with
10.5% of global market share* announced today the entering of an agreement
between AGL Energy Limited and the companys Australian operations arm
Suzlon Energy Australia Pty Ltd.
The contract calls for the turnkey delivery of the Hallett IV Wind Farm, in the North
Brown Hill ranges near Hallett in mid north South Australia, which includes the
engineering, procurement and construction of the entire wind farm that will
comprise 63 units of Suzlons S88 - 2.1 MW wind turbine generators (WTGs),
translating to 132.30 MW of capacity. A separate contract has also been signed for
the Service and Maintenance of the wind farm for an initial 5 year term.
Dan Hansen, CEO of Suzlon Energy Australia, said: This order builds yet again
on the excellent established relationship between our two organizations built on
mutual trust and integrity that will continue many years into the future. We are
proud of the confidence that AGL has placed in Suzlons product and our capabilities
to continue to deliver and maintain renewable power plant solutions throughout
Australia.
AGL Energy is Australias leading energy provider with over 3.4 million natural gas and
electricity accounts, and the only Australian energy producer with a full suite of
renewable generation. Listed on the Australian Securities Exchange AGL is an
S&P/ASX 50 company with a market capitalization of about AUS$5.2 billion. The
companys roots go back over170 years to the Australian Gas Light Company.
This third AGL Engineer Procure and Construct Contract awarded to Suzlon will
result in a total of 142 units of S88 - 2.1 MW WTGs installed under EPC contracts
by Suzlon on AGL wind farms. Previous contracts were for the turnkey
delivery of the now fully operational 94.5 MW Hallett Stage-1 wind farm with all 45
WTGs meeting operating expectations, and the 71.4 MW Hallett Stage-2 wind farm
currently under construction, both in South Australia. AGL has options for Suzlon to
construct two further wind farms, which if both committed will entitle AGL to a volume
discount.
Michael Fraser CEO & Managing Director, of AGL Energy Limited said: AGL has
the financial strength, technical expertise, and pipeline of identified projects to
continue leading the development of new renewable energy capacity required to meet
Australias needs under the Australian Governments expanded renewable Energy
Target
Commenting on the order, Mr. Tulsi Tanti, Chairman and Managing Director
of Suzlon Energy Limited, said: We are not only pleased to enter into this
order with AGL, but extremely proud to partner with such an esteemed company in
providing cleaner power and sustainable power solutions.
