Troubled renewable energy solutions provider Suzlon on Monday denied reports suggesting that it has filed for bankruptcy and will soon be approaching the National Company Law Tribunal (NCLT).
Suzlon ended the past fiscal year as the top wind equipment manufacturer in India installing 581 MW of windmills, followed by Denmark-headquartered Vestas with 492 MW and Siemens Gamesa putting up 261 MW,
Indian wind turbine manufacturer Suzlon Energy Ltd (BOM:532667) on Tuesday announced it has agreed to sell two additional solar project subsidiaries for a total of INR 298 million (USD 4.3m/EUR 3.8m).
Suzlon Energy Monday said it has completed sale of its two arms – SE Solar and Gale Solarfarms – to CLP Wind Farms for a total consideration of Rs 99.09 crore.
Renewable energy solution provider Suzlon Energy’s shareholders have rejected two separate proposals to raise a total Rs 2,900 crore through issuance of equity shares and debentures.
Retail shareholders of India’s leading wind turbine maker Suzlon Energy have voted against the proposal to raise ₹2,900 crore through issue of equity shares and debentures.
Suzlon Energy today reported a consolidated net loss of Rs 469.85 crore in the quarter ended March 2018 mainly due to lower income.
The Bosnian unit of Indian renewable energy developer Suzlon Energy on Wednesday won the right to build a 25.2 megawatt (MW) wind farm in Bosnia to help it cut greenhouse gas emissions and meet the EU renewable energy standards.
Sebi today slapped a fine of more than Rs 1 crore on wind turbine maker Suzlon Energy for violating listing agreement norms.
Wind energy solutions provider Suzlon Energy has said that the company has designed and manufactured India’s longest wind turbine blade at its Padubidri Rotor Blade Unit.