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Suzlon announces 300 MW offshore project
November 2014
Suzlon Energy has announced plans to set up a 300 MW offshore wind energy pilot project in the State of Gujarat.
FM switches on power plug
July 2014
The beleaguered power sector will find some respite, if the measures announced are implemented properly.
Morgan Stanley's wind farms dump OEM turnkey model
December 2013
Morgan Stanley-backed Continuum Wind Energy Pte, which plans a more than 10-fold surge in its India capacity, is dumping a 20-year model that helped Suzlon Energy Ltd dominate Asia's second-biggest turbine market. Developers in India are building more productive wind farms by doing away with a system set up by turbine makers Suzlon and Vestas Wind Systems, which handed readymade projects to investors.
Morgan Stanley's wind farms dump OEM turnkey model
December 2013
Morgan Stanley-backed Continuum Wind Energy Pte, which plans a more than 10-fold surge in its India capacity, is dumping a 20-year model that helped Suzlon Energy Ltd dominate Asia's second-biggest turbine market. Developers in India are building more productive wind farms by doing away with a system set up by turbine makers Suzlon and Vestas Wind Systems, which handed readymade projects to investors.
Suzlons new wind turbine to be launched soon
November 2013
A new offshore turbine will be launched by wind turbine maker Suzlon Energy on November 18 and the company said the new turbine will help in yielding more power. The Suzlon Group company will unveil the new offshore turbine REpower 6.2M152.
Suzlons new wind turbine to be launched soon
November 2013
A new offshore turbine will be launched by wind turbine maker Suzlon Energy on November 18 and the company said the new turbine will help in yielding more power. The Suzlon Group company will unveil the new offshore turbine REpower 6.2M152.
Suzlon lenders get Rs 232 cr worth securities
October 2013
As part of its corporate debt restructuring (CDR) plan, Suzlon Energy has allotted securities worth over Rs 232 crore to its lenders and promoter group entity. The wind turbine maker has issued shares worth over Rs 129 crore to its lenders apart from allotment of compulsorily convertible debentures valued at Rs 103 crore.
Suzlon lenders get Rs 232 cr worth securities
October 2013
As part of its corporate debt restructuring (CDR) plan, Suzlon Energy has allotted securities worth over Rs 232 crore to its lenders and promoter group entity. The wind turbine maker has issued shares worth over Rs 129 crore to its lenders apart from allotment of compulsorily convertible debentures valued at Rs 103 crore.
Suzlon to sell 75% stake in its Chinese arm for $28 mn
September 2013
Media reports say that wind turbine maker Suzlon will sell a 75 per cent stake in its Chinese subsidiary, Suzlon Energy Tianjin for $28 million (about Rs 177 crore) to offload its debt burden. Suzlon Group is facing challenging business conditions. The company is selling the 75 per cent stake to China’s Poly LongMa Energy (Dalian) Ltd.
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