Suzlon Energy Will Convert Lenders’ Debt Into Equity
An Indian lender has approved Suzlon Energy‘s intention to convert some of its debt of around Rs 4,100 crore into equity. Following the dilution, creditors’...
Tag : Suzlon Energy
Suzlon Will Install 120 Units of Wind Turbine Generators For a Project In Gujarat
Suzlon Group, India’s largest renewable energy solutions provider, has announced its new order win for development of a 252 MW wind power project from CLP...
Suzlon Energy Has Finally Received Critical Lifelines…
Debt-laden, Suzlon Energy has finally received two critical lifelines from its lenders and bondholders. Multiple banks, led by India’s largest — State Bank of India...
Suzlon Defaults On Loans Worth Rs.7,256.38 Cr.
The share price of Suzlon Energy dipped by 10 per cent on Wednesday morning after the financially-strapped renewable energy solutions provider said it defaulted on...
Suzlon Energy Ltd Has Found A New “Yet To Be Disclosed” Suitor
Suzlon Energy Ltd has found a new suitor even as a rescue plan of Canada’s Brookfield Asset Management Inc. faltered, said Tulsi Tanti, the founder and...
Suzlon Energy: On Way To Biting The Dust
For years, Suzlon Energy had been flirting with financial turmoil and recently the company witnessed a rather unfortunate milestone which could define the company’s future....
Suzlon Debt Burden Might End Soon…
Yet another renewable energy major in India is facing a huge financial challenge and has attracted interest from foreign investors. Suzlon Energy, one of India’s...
Gujarat To Have India’s First Offshore Wind Power Project
Soon after the Union Ministry of New and Renewable Energy (MNRE) called for ‘Expression of Interest’ (EoI) for the 1,000 megawatt (MW) project, some 35...