The Founder of Suzlon Energy- Indian multinational wind turbine manufacturer- has died of cardiac arrest at the age of 64. Tanti, Managing Director and Chairman of Suzlon suffered a cardiac arrest and succumbed to it the same day. As revealed by his close friend Manu Pambhar, Tanti complained of chest pain in his car in […]
Wind energy capacity addition during 2022-23 is expected to be about 1,500-1,600 MW and will be about 2,000-2,500 MW in the next year, a top wind turbine industry body official said on Thursday. Last fiscal, the total wind power capacity that was added in the country was about 883 MW, Indian Wind Turbine Manufacturers Association […]
Tulsi Tanti formed wind turbine maker Suzlon Energy has now got a new life after its shareholders have approved its debt restructuring plan, and helping it to get back into the business again. The Pune-based company had initiated the process of the postal ballot for seeking approval of its shareholders by way of ordinary and […]
At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement […]
Troubled Wind Energy manufacturer Suzlon has informed the stock exchanges about a debt recast approved by its lending consortium, led by the State Bank of India. The total amount involved has been reported to be close to Rs 14,000 crores. The firm has been in financial trouble for quite some time, a situation that has […]
The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […]
When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […]
In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […]
There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […]
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