Suzlon Energy - Order of Edison Mission Energy
With reference to the earlier announcement dated June 06, 2007, Suzlon Energy Ltd has informed BSE that the Suzlon Wind Energy Corporation, the USA, a step-down wholly owned subsidiary of the Company had signed a contract for an aggregate of 300 units of S88-2.1 MW turbines with Edison Mission Energy of Irvine, California (”EME”). The two phase contract called for delivery of 150 units of the turbines in calendar year 2008 and 150 units of the turbines in calendar year 2009, with an option to EME to elect not to purchase the 150 units due for delivery in calendar year 2009. EME has elected not to purchase the 150 units due for delivery in calendar year 2009.
Pursuant to the exercise of the aforesaid option by EME, the order backlog of the Company stands reduced by 315 MW.
