Suzlon Energy Q4 loss at INR 1.88 Billion; COO Sumant Sinha quits to follow entrepreneurial interests (via Panchabuta – Cleantech & Renewable Energy in India)

Suzlon, had recently restructured its  FCCB (Foreign Currency Convertible Bonds)  at a conversion price of around Rs 100/sh. Since, they have gone on record stating that they expect this year to be a down year for wind, as companies in Europe are postponing orders, as the debt crisis makes it difficult to raise funds for renewable-energy projects. This is also primarily due to reluctance by developers to move on new wind projects amid diminished … Read More

via Panchabuta – Cleantech & Renewable Energy in India

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