RE Leader Suzlon Energy Sells Solar Subsidiary Vayudoot Solarfarms Updated On Tue, Dec 6th, 2022 by Saurenergy Suzlon Energy, a manufacturer of wind turbines, approved the sale of its remaining 51.05% ownership interest in the subsidiary Vayudoot Solarfarms to Ahmedabad-based Aries Renewables, the firm reported in a National Stock Exchange filing. For a price of Rs 14.23 crore, Suzlon sold the remaining stake. The company’s net worth was Rs. 24.2 crore, and […] Read more
Suzlon Energy Rs 1200 Crores Rights Issue Oversubscribed 1.8x Times Updated On Fri, Oct 21st, 2022 by Saurenergy Suzlon Energy Limited, one of India’s top producers of wind components based on capacity, and one of the top renewable energy O&M service providers based on capacity served, recently announced the successful completion of the Rs. 240 crores partially paid-up equity share rights issue (the “Rights Issue”) that was first announced on October 11, 2022. […] Read more
Suzlon Gets 145 MW Wind Turbine Order from Aditya Birla Group Updated On Wed, Oct 12th, 2022 by Saurenergy India’s wind energy giant Suzlon Group has announced through a regulatory filing that the company has secured a fresh order from the Aditya Birla Group for the development of a 144.9 Megawatt (MW) wind energy project. Suzlon has not declared the value of the new deal in the filing. Suzlon, a renewable energy solution provider, held that the […] Read more
Suzlon Founder Tulsi Tanti, India’s Original Wind Man, Is No More Updated On Mon, Oct 3rd, 2022 by Saurenergy Read more
Suzlon Founder Tulsi Tanti, India’s Original Wind Man, Is No More Updated On Sun, Oct 2nd, 2022 by Saurenergy 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 […] Read more
Suzlon Gets 180.6 MW Wind Energy Project from Sembcorp in Karnataka Updated On Thu, Sep 8th, 2022 by Saurenergy Suzlon Group has announced a new order win for the development of a 180.6 MW wind power project for Green Infra Wind Energy Limited, which is a renewable energy subsidiary of Sembcorp. Under the new order, Suzlon will install 86 wind turbine generators with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of […] Read more
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
Suzlon Group Q2 FY22 Results: Rs 12.40 Cr Net Loss Updated On Mon, Nov 15th, 2021 by Saurenergy Pune-headquartered renewable energy solutions provider Suzlon Group has announced its second quarter results for the financial year 2021-22 (Q2 FY22). Suzlon reports a net loss of Rs. 12.40 crores. Other key highlights of Suzlon Group Financial Results Q2 FY22 are as follows: Revenue : Rs. 1,346.51 crores EBITDA: Rs. 232.71 crores EBITDA margin: 17.28 % EBIT: Rs.171.45 […] Read more
