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News Brief | October 2013

Suzlon to raise Rs 5,000 crore

Suzlon Group has indicated that it is hoping to restore the business to a strong position over the medium term aided by strong order books and other initiatives even as the debt-laden company is preparing to seek shareholders' nod to raise up to Rs 5,000 crore. At present, the company is well positioned for a recovery in the medium-term with strong and firm order book of over $7.5 billion the end of May translating to approximately 5,850 MW of new capacity
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