Suzlon Energy Seeks Debt Succour Again, as Feb 28 Deadline looms Updated On Tue, Feb 8th, 2022 by Saurenergy India’s top wind energy player Suzlon Energy is running out of time to serve its immediate debt obligation that is due on February 28, 2022. It’s precisely three weeks from here. According to the presentation made to the joint lender’s forum, India’s largest wind energy player has an estimated debt obligation of Rs 882 crores […] Read more
Adani Sets Plans Rolling for Wind Turbine Manufacturing Updated On Wed, Jun 9th, 2021 by Saurenergy Adani Enterprises Ltd (AEL) on Tuesday infirmed the stock exchanges about having incorporated a wholly-owned subsidiary company for manufacturing wind turbine generators. In a filing to BSE, the company said a fully owned subsidiary, Mundra Windtech Limited (MWL) was incorporated on on June 7, 2021. On the objects and effects of acquisition/incorporation for the acquisition of […] Read more
Suzlon Wins 252 MW Wind project from CLP India Updated On Wed, Jun 2nd, 2021 by Saurenergy Suzlon Group, a wind energy major announced yesterday (Tuesday) that it had secured an order for developing a 252-megawatt (MW) wind power project from CLP India. The project is part of the bid won by CLP India in SECI’s VIII tranche of wind projects, some of which have been delayed significantly due to land availability […] Read more
Suzlon Posts Q3 FY21 Results, Records Loss of Rs 118 Crore Updated On Mon, Feb 8th, 2021 by Saurenergy Suzlon Group has reported its Q3 FY21 results, the firm has witnessed a steady growth in revenue and production/ installation capacity. Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has reported its third-quarter results for the financial year 2020-21 (Q3 FY21). The theme of the quarter for the firm […] Read more
Suzlon Posts Financial Results for Q2 FY21, PAT at Rs 670 Crore Updated On Thu, Nov 12th, 2020 by Saurenergy The Suzlon Group has announced its second-quarter results for FY21 (Q2 FY21), with the performance considered encouraging in the current scenario. The Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has announced its second-quarter results for the financial year 2020-21 (Q2 FY21). The firm claims its performance has been […] Read more
Ashwani Kumar Appointed Group CEO of Suzlon Group Updated On Mon, Oct 19th, 2020 by Saurenergy Suzlon Group, one of India’s largest renewable energy solutions provider, has announced that it has appointed Ashwani Kumar as its Group CEO. Tulsi Tanti, Chairman and Managing Director, Suzlon Group said, “I am delighted that Ashwani Kumar is joining the Suzlon family. He brings with him a rich experience in the power and infrastructure sectors […] Read more
Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive Updated On Mon, Aug 31st, 2020 by Saurenergy Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […] Read more
Suzlon Posts Net Loss of Rs 834.22 Crore in March Quarter Updated On Tue, Jul 7th, 2020 by Saurenergy Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. Wind turbine major Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. The consolidated net loss […] Read more
Suzlon Completes Debt Restructuring With Rs 392 Crore Infusion Updated On Thu, Jul 2nd, 2020 by Saurenergy Suzlon Group has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. Indian wind energy major Suzlon has announced that it has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. In May, the group […] Read more