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Suzlon Convertibles Slump as Rescue Threatened: India CreditBy : Sustainability ..., Mar 7, 2013
The convertible bonds of Suzlon Energy Ltd. (SUEL), the Indian wind-turbine maker that default22222ed last year, are falling from a five-month high as a cash squeeze threatens its efforts to reorganize debt. The company’s 5 percent equity-linked dollar securities due... Read more.. Subject Tags: Bloomberg New Energy Finance , Business , Entertainment , Human Interest , India , Politics , Suzlon Energy Limited , Technology |
Suzlon Posts Its Biggest Ever Quarterly LossBy : Sustainability ..., Feb 15, 2013
Suzlon Energy Ltd. Thursday posted its biggest ever quarterly loss on lower domestic sales as the beleaguered wind-turbine manufacturer battles to stay afloat amid high debt and working capital constraints. Net loss for the October-December period widened four... Read more.. Subject Tags: Suzlon Energy Limited |
Suzlon Chief Tanti Predicts ‘Flat’ Wind Turbine Market in 2013By : Sustainability ..., Jan 28, 2013
Wind turbine installations will probably stall in 2013 as policy uncertainty, financing difficulties and delayed grid connections weigh down on projects, Suzlon Energy Ltd. (SUEL) Chairman Tulsi Tanti said. Tanti said he expects about 45 gigawatts of... Read more.. Subject Tags: Entertainment , Suzlon Energy Limited |
Suzlon Lenders Approve $1.8 Billion Debt Reorganization PlanBy : Sustainability ..., Jan 25, 2013
Suzlon Energy Ltd. (SUEL), India’s biggest wind-turbine maker, said lenders approved a 95 billion rupee ($1.8 billion) debt-restructuring plan and a two-year moratorium on principal and interest payments. A consortium of 19 banks led by State Bank of India... Read more.. Subject Tags: Suzlon Energy Limited |
Suzlon’s REpower unit gets UK wind turbine ordersBy : Sustainability ..., Jan 8, 2013
Suzlon Energy Ltd’s REpower UK unit said it signed two new contracts for wind turbines that can generate a total 16.4MW at two UK facilities. The value of the orders wasn’t disclosed. The turbines are for a new wind farm at Wear Point Wind Ltd in Pembrokeshire, south... Read more.. Subject Tags: Suzlon Energy Limited |
BlackRock-Backed Mytrah Trips on Policy Vacuum: Corporate IndiaBy : Sustainability ..., Nov 26, 2012
Wind-turbine installations in India will plummet this year as lenders shun projects amid a policy vacuum in the third-biggest market for the machines, according to BlackRock Inc.-backed Mytrah Energy Ltd. (MYT) The country may install as little as 1,500 megawatts of... Read more.. |
Suzlon Energy Wins 40 Megawatts of Wind-Turbine Orders in IndiaBy : Sustainability ..., Nov 23, 2012
Suzlon Energy Ltd. (SUEL), India’s biggest wind-turbine maker, said it won two local orders for 40 megawatts of machines. Gujarat State Fertilizers & Chemicals Ltd. (GSFC) will buy 14 units of 2.1-megawatt turbines for a wind farm in Kutch in the western state of... Read more.. Subject Tags: India , Suzlon Energy Limited |
GE Wins Indian Wind Share as Suzlon, Vestas Suffer Market ShiftBy : Sustainability ..., Nov 12, 2012
A shift in India’s wind market toward bigger, more efficient projects is benefiting General Electric Co. (GE) as dominant turbine suppliers Suzlon Energy Ltd. (SUEL) and Vestas Wind Systems A/S (VWS) see cash dwindle. “The market is opening up for new turbine... Read more.. |
Suzlon Energy to Raise Up to $300 MillionBy : Sustainability ..., May 19, 2012
Suzlon Energy Ltd. said Friday that it is in an advanced stage of raising up to $300 million to pay its overseas bond holders and that it sought up to 45 days more to meet the payment obligations due in June. Kirti Vagadia, Suzlon’s chief financial officer, said that... Read more.. Subject Tags: Suzlon Energy Limited |
Suzlon, Guangdong Nuclear in 800-Megawatt World Wind Power PlanBy : Anonymous, Mar 28, 2012
Suzlon Energy Ltd. (SUEL), India’s largest wind-turbine maker, and China Guangdong Nuclear Power Group Co. (CGNPCZ) plan to develop 800 megawatts of wind farms around the world. The companies are exploring sites in Brazil, South Africa, China and India, and plan to... Read more.. |