Suzlon Wind Energy Corp Revenue and Competitors

Suzlon today develops and manufactures technologically advanced, high-performance and cost-efficient wind turbines. These services are developed to specifically meet the diverse needs of customers all around the world. Suzlon offers customers' end-to-end wind energy solutions, including wind resource mapping, site development and installation, and finally operations & maintenance services in India. This allows Suzlon to offer Indian customers economies of scale, and eliminates the need for customer involvement in the complex process of wind farm development. Suzlon's order book position is a reflection of its strong market position and consistency in delivering to their customers. Our order book stands at around USD 4,335 million. Our domestic order book position is for a capacity of 441 MW and international orders for 3,726 MW. Our primary customers in India include companies that have manufacturing facilities with high power consumption. These companies have high profitability and seek investment opportunities with stable returns. In India, Suzlon caters to leading corporate houses like the MSPL Limited, Bajaj Auto Limited, Tata Group and Reliance, to name a few. Suzlon has driven a focused effort to make wind turbines more reliable, consistently delivering availability rates to customers, beating global standards higher than 95% on an average. Suzlon has set new standards with record breaking contracts that have been signed with top wind energy companies around the world. Majority of the orders have been signed with top wind energy companies in the United States. Suzlon Wind Energy Corporation has signed agreements with Edison Mission Group (EMG) of Irvine, California and after repeat orders EMG holds more than 630 MW of Suzlon wind turbine capacity in the United States. Similarly Suzlon's relationship with John Deere Wind Energy (JDWE) started with its investment in several Minnesota wind power projects, but quickly expanded to Texas and recently Missouri. We have also signed a contract with Tierra Energy of Austin, Texas to provide 42 units of the S88-2.1 MW wind turbine for projects located in Wyoming and Texas. Suzlon's contract with PPM Energy, a leader in optimized wind energy solutions, calls for delivery of 700 MW over the next few years. Suzlon has successfully entered the Chinese market, which is one of the world's fastest growing economies, with five important contracts with a total of 233.75 MW, of which 12MW are installed and 221MW are planned installations in 2007. A contract with Australian Gas & Light marked Suzlon's entrance into the Australian market. Suzlon has also entered into the emerging wind energy market in Europe with orders from Maestrale Green Energy, in Italy and TECNEIRA - Tecnologias Energeticas, SA, in Portugal and has made a breakthrough into the Turkish wind energy market, with an order for 31.5 MW of wind turbine capacity with Ayen Enerji Co.