September 8, 2008

Suzlon completes ONGC\'s maiden wind power project

Project powered by 34 Suzlon S82 turbines

Pune: Suzlon Energy Limited - the world’s fifth largest wind turbine maker with 10.5%
of global market share, and the leading wind power company in India with over 50%
market share*, announced the completion of its 51 MW wind power project for the Oil
and Natural Gas Corporation (ONGC) of India.

The project located at Motisindholi (Jakhau) in the Kutch district of Gujarat features 34
units of Suzlon’s S82 – 1.5 MW turbines and will provide captive generation capacity
for ONGC, powering centers at Anklesvar, Ahmedabad, Mehasana and Vadodara.
To mark the successful completion, the project was formally inaugurated by Mr R.S.
Sharma, CMD – ONGC; and was attended by other senior dignitaries from ONGC and
Suzlon. Mr. S.K. Negi, Managing Director – Gujarat Electricity Transmission Company
(GETCO), was also present at the function.

Speaking on the occasion, Mr. Rohit Modi – President, India Business - Suzlon Energy
Limited, stated: “This is a very important step for ONGC – one of the world’s leading
corporations in oil & gas. This investment is a clear validation of the importance of
wind and renewable energy in powering the world of tomorrow.

Speaking at the occasion, Mr. R.S. Sharma, CMD – ONGC, congratulated Suzlon team
for the timely completion of ONGC’s pilot foray into wind energy. He stated that with
ONGC becoming an Integrated Energy Producer, the company is looking for more
investments in the fast growing renewable energy sector, and would look for continued
association with Suzlon.

With per capita levels of power consumption in the country a mere third, compared to
the developed world there is vast potential for renewable energy to bridge the gap, Mr.
R.S. Sharma noted.

Speaking on the order, Mr. I. C. Mangal, Head – Business Development (India) -
Suzlon Energy, said: “We are proud to partner with ONGC in powering this sustainable
future. This initiative is a clear signal of the importance of wind energy, and it’s
acceptance as a commercially viable and eco-friendly source of power.”

Gujarat is one of the leading adopters of wind power in the country, with over 1,300
MW of wind power generating capacity installed, of which Suzlon alone has supplied
over 700 MW. Other leading corporations which have invested in building wind power
capacity at the Kutch wind farm site include DLF, Gujarat NRE Coke, GSFC, GNFC,
GSEC, GACL and Energy Infra.

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