Suzlon appoints new Chief Operating Officer
Pune, India August 1, 2008

Taking forward the company’s drive to strengthen and broaden management bandwidth, Suzlon Energy Limited - the world’s fifth largest wind turbine maker with 10.5% of global market share, has appointed Mr. Sumant Sinha as its Chief Operating Officer with effect from 1st August 2008.

Mr. Sinha brings with him invaluable experience and knowledge from years spent in leadership roles in multinational corporations. Most recently, he set up and had been the CEO of Aditya Birla Retail, and prior to that held the position of Group CFO for the Aditya Birla Group. Prior to joining the Aditya Birla Group, Sumant has over ten years of experience in international finance which includes an exciting career with Citicorp Securities in New York and London, and ING Barings in New York.

Speaking on the development, Mr. Toine van Megen, CEO of Suzlon, said: “We are very pleased to welcome Sumant on board. His experience in global leadership roles will further help strengthen Suzlon’s management team and the company’s competitive position.”

Mr. Tulsi Tanti, CMD of Suzlon, said: “Sumant has an excellent track record in both the Indian and international environments which will help Suzlon execute its global plans more effectively. This is an important step in building the Suzlon team for continued rapid growth and scale. We are therefore delighted to have him as part of the senior management.”

Sumant Sinha said: “I am extremely pleased to be entering the exciting and very relevant area of renewable energy. Suzlon as the fifth largest wind power company globally, is well positioned to capitalize on the rapid growth in the sector, and I look forward to being part of the team that makes this happen.”

Market shares and ranking: BTM Consult ApS – World Market Update 2007

Suzlon Energy Limited 5th floor, Godrej Millennium, 9, Koregaon Park Road, Pune – 411 001, India

Registered Office "Suzlon", 5, Shrimali Society, Navrangpura, Ahmedabad - 380 009, India 2

Suzlon Energy Limited is one of the world’s leading players in wind energy. The company has come to the fore of the business by strategically focusing on R&D, innovation, an integrated value chain, and entering into emerging and high growth markets to drive sustainable growth.

Given the truly global nature of its business, Suzlon has its Group Management Center in Amsterdam, Netherlands, has corporate offices in Pune, India. The company’s global spread reflects in its projects and markets portfolio - extending across 21 countries; Australia, Belgium, Brazil, China, Denmark, Germany, Greece, India, Italy, New Zealand, Nicaragua, Portugal, Romania, South Africa, South Korea, Spain, The Netherlands, Turkey, USA, Ukraine, and the United Kingdom.

Suzlon’s R&D effort includes a highly successful practice of leveraging skill and knowledge pools in the industry and allied areas the world over. This has resulted in a R&D network located across geographies known for their leadership in the field – Suzlon today drives turbine development from India and Germany, and aerodynamics research in the Netherlands. Suzlon matches innovation with quality, with systems certified by Det Norske Veritas (DNV) to ISO 9001:2000 standards.

Suzlon is a vertically integrated wind turbine manufacturer – with manufacturing capability along the full value chain – ranging from components to complete wind turbine systems. The company has established manufacturing facilities in India, China and the United States, to support the global spread of its operations. The company currently has a combined manufacturing base of 2,700 MW of annual capacity, and is undertaking an aggressive expansion program to expand its base to 5,700 MW of capacity in FY08-09. The success of the company’s strategy is seen in its growing market share, repeat orders, and breakthroughs into new markets. Suzlon ranked as the world’s fifth leading wind turbine manufacturer with over 10.5 % of global market share in 2007. The company has ranked as the leading manufacturer in the Indian market for nine consecutive years, maintaining over 50% market share.

Suzlon’s true strength is seen not only in its technology, quality and market share – but also its people. The Suzlon Group boasts one of the largest teams in the wind energy business, totaling over 14,000 people from over a dozen nationalities in operations around the world. Suzlon in its vision for future growth aims to rank among the top three wind turbine manufacturers worldwide, maximizing growth while maintaining margins to generate maximum value for all stakeholders.

Source: Suzlon