Suzlon Energy Net Loss Widens to Rs 777 cr in Q2 2019 Updated On Fri, Nov 15th, 2019 by Saurenergy Suzlon Energy has reported a widening of its consolidated net loss to Rs 777.52 crore in Q2 2019. Suzlon Energy on November 14, 2019, reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019 (Q2 2019). The company had reported a net loss of Rs 625.76 crore […] Read more
Suzlon Energy Denies Reports of Filing for Bankruptcy Updated On Tue, Oct 1st, 2019 by Saurenergy Suzlon Energy has specifically denied all reports suggesting that it has filed for bankruptcy and that it will soon be approaching the NCLT. Debt-laden renewable energy solutions provider Suzlon Energy on Monday specifically denied all reports suggesting that it has filed for bankruptcy and that it will soon be approaching the National Company Law Tribunal (NCLT). “We wish to reiterate that Suzlon’s debt […] Read more
Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter Updated On Fri, Aug 16th, 2019 by Saurenergy Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […] Read more
Suzlon Consolidated Net Loss For Q4 Reduces to Rs 295 Cr Updated On Fri, May 31st, 2019 by Saurenergy Suzlon reported that its consolidated net loss for the last quarter of the year has reduced to Rs 294.64 crore, a drop of more than Rs 175 crore over the same period last year, Rs 469.85 crore. Suzlon Energy recently issued its financial results for the financial year 2018-19 and the last quarter (Q4). Suzlon […] Read more
Suzlon Retains Top Position Among Wind Equipment Manufacturers in India Updated On Mon, Apr 29th, 2019 by Saurenergy Like in the previous year, in 2017-18 too, Suzlon became the leading original equipment manufacturer (OEM) in India. Among the wind equipment manufacturers in India, Suzlon installed the most in FY 2018-19 with 581 MW, followed by Denmark based wind energy company Vestas with 492 MW, while Siemens Gamesa installed about 261 MW, according to […] Read more
Suzlon Completes Sale of Two Subsidiaries to ReNew Power Updated On Wed, Apr 10th, 2019 by Saurenergy Suzlon Energy has announced that it has completed the sale of two of its subsidiaries to Ostro Power, a wholly owned subsidiary of ReNew Power for Rs 29.8 crore. The two subsidiaries are the Shreyas Solarfarms limited and Aalok Solar farms Limited, which own a combined 30 MW capacity of solar power projects in Rajasthan. […] Read more
Suzlon Energy Completes Agreement to Sell 2 Subsidiaries to CLP Wind Farms Updated On Tue, Mar 26th, 2019 by Saurenergy Suzlon Energy has announced that it has completed the sale of two its subsidiaries (i) SE Solar and (ii) Gale Solar farms to CLP Wind Farms for a total consideration of Rs 99.09 crore. “In terms of Share Subscription / Share Purchase and Shareholders’ Agreement executed by the company (Suzlon) and CLP Wind Farms (India) Private Ltd (CLP) with SE […] Read more
Suzlon Wins IMC Ramakrishna Bajaj National Quality Award Updated On Thu, Mar 14th, 2019 by Saurenergy Suzlon Global Services Limited (SGSL), has won the 1st Prize for Service category at the prestigious IMC Ramkrishna Bajaj National Quality Award 2018. Suzlon Global Services Limited (SGSL), a 100% subsidiary of Suzlon Energy Ltd. won the 1st Prize for Service category at the prestigious IMC Ramkrishna Bajaj National Quality Award 2018. The stringent assessment […] Read more
Suzlon Energy Losses Grow to Rs 40 Cr in 3rd Quarter Updated On Fri, Feb 8th, 2019 by Saurenergy The company’s total income in the quarter came down to Rs 1,112.34 crore from Rs 2,220.25 crore a year ago. Suzlon Energy, a premier wind energy solutions provider, has reported that its consolidated net loss has widened to Rs 40.07 crore in the December 2018 quarter year-on-year, mainly due to lower revenues, higher forex loss, […] Read more
