September 27, 2007

Suzlon enters Turkish market

Mumbai: Suzlon, India’s leading and world’s fifth largest wind power solutions
company, made a breakthrough into the Turkish wind energy market with an order for
31.5 MW of wind turbine capacity. The contract with Ayen Enerji Co. Inc. will be
supplied through 15 units of Suzlon’s S88 – 2.1 MW turbine.

Speaking on the order, Mr. Erik Winter Pedersen, CEO of Suzlon Wind Energy AS, the
Denmark-headquartered marketing arm of the company focusing on Europe and Latin
America, stated: “This is an exciting opportunity and we are very pleased to partner
with Ayen Enerji. We have a winning combination with Suzlon’s experience in large,
successful wind projects around the world and Ayen’s considerable experience in
Turkey’s energy market.”

Turkish utility major Ayen Enerji is a new entrant in wind energy with principal focus
on production, transmission, distribution and sale of electricity. Together with its
subsidiaries, The Company has three hydroelectric and one natural gas power plants,
with total annual capacity of nearly 1.2 billion kWh.

Speaking on the order, Mr. Andre Horbach, CEO – Suzlon Group said: “We have great
expectations for the Turkish market, and we are very pleased with the professionalism
we have met, and that seems to be a cornerstone in the Turkish business philosophy.

Speaking for Ayen Enerji, General Manager Mr. Fahrettin Arman stated: “We are happy
to cooperate with Suzlon in this project and our investments will continue within
developing wind energy sector of Turkey so we intend to cooperate with Suzlon in our
future projects.”

Turkey has an estimated wind energy potential of 53 TWh/year. Renewable energy has
strong national support – with a target of achieving 12% of all power production from
renewables by 2010, translating to an estimated target of 12,000 MW from wind.
(Source: Emerging Energy Research: European Wind Power, June 2006.) 

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