Suzlon Signs 252 MW Service Contract with AGL

• To service 120 wind turbines located in North Brown, The Buff and Oakland Hill Wind farms

Melbourne, Australia: Suzlon Energy Australia (SEA), a subsidiary of Suzlon Energy, one of the leading renewable energy solutions provider in the world, today announced the signing of a five-year Operations and Maintenance Service (OMS) contract for 252 MW with Australia's leading power generation company, AGL Energy Ltd. Suzlon will operate and maintain 120 Wind Turbine Generators (WTGs) in South Australia and Victoria. The contract will commence in the 4th Quarter of 2018 and will last until 2023.

Suzlon will commission an in-house developed state-of-the-art Global SCADA Integration and Condition Monitoring System. The company will implement Predictive Maintenance Strategies for effective servicing of the wind turbines and the major components. Suzlon will also develop a robust QHSE Management System, value adding Programs and product upgrades, Spares Supply Security amongst other services.

Suzlon has been responsible for installing 17% (~764 MW) of the Australian wind energy capacity, bringing world-class expertise to every aspect of wind energy production to our customers. The company has installed and commissioned 364 Wind Turbine Generators (WTGs) across wind farms in SA, NSW and Victoria and has a wealth of experience in executing and managing EPC contracts.

Speaking on the development, Paulo Fernando Soares, CEO International Business, Suzlon Energy Ltd. said, "This is an important milestone for Suzlon in Australia, and demonstrates our ability to adapt to the changes in the WTGs service requirements in Australia and globally. The renewables market in Australia is evolving rapidly with increased demands on improvement in products and services. With our over two decades of experience, proven technologies, comprehensive product portfolio, and end-to-end solutions along with integrated maintenance and services, Suzlon is best positioned to capitalize on the growing market opportunities in Australia. We are committed to collaborate with our customers for enabling Australia's Energy Security and to provide affordable, reliable and sustainable energy for all."

Mukesh Kolhe, CEO Suzlon Energy Australia, said, "We are glad to sign this service contract with AGL Energy Ltd. (AGL).With this contract, our service portfolio will expand to 410 MW in Australia. We have had a long and successful association with AGL and are encouraged by the trust and confidence demonstrated by them in Suzlon's technologically advanced and innovative products and services. We will work towards enhancing value through series of upgrades in product, software and service strategies. We will continue to leverage technology for developing next-generation wind turbines for meeting optimised levelised cost of energy (LCOE)."

About Suzlon:

Suzlon Group is one of the leading renewable energy solutions provider 410in the world with an international presence across 18 countries in Asia, Australia, Europe, Africa and Americas. Headquartered at Suzlon One Earth in Pune, India; the Group is comprised of Suzlon Energy Limited (NSE & BSE: SUZLON) and its subsidiaries. A vertically integrated organization, with over two decades of operational track record, the group has a cumulative installation of ~17.9 GW of wind energy capacity, over 7,600 employees with diverse nationalities and world-class manufacturing facilities. Suzlon is the only Indian wind energy company with a large in-house Research and Development (R&D) set-up in Germany, the Netherlands, Denmark and India. Over 11.9 GW of the Group's installation is in India, which makes up for ~35% of the country's wind installations, making Suzlon the largest player in this sector. The Group is the custodian of over 11.9 GW of wind assets under service in India making it the 2nd largest operations and maintenance company (over 8,000 turbines) in Indian power sector. The Group also has around 4 GW of wind assets under service outside India.

Suzlon corporate website: www.suzlon.com