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Suzlon Energy Loss Narrows to Rs 54 Cr in March Quarter

Suzlon Energy’s consolidated net loss narrowed to Rs 54.25 crore in the quarter ended March 31, 2021 mainly on the back of higher revenues. New Delhi :  Suzlon Energy’s consolidated net loss narrowed to Rs 54.25 crore in the quarter ended March 31, 2021 mainly on the back of higher revenues. The consolidated net loss […]

Panasonic Life Solutions India launches Solar String Inverters For Residential Households to Enable a Sustainable Lifestyle

Suzlon Energy Appoints Himanshu Mody as Chief Financial Officer

Himanshu, who holds MSC in Finance from University of Strathclyde, Scotland, UK, brings to fore over 22 years of experience in the fields of finance and strategy New Delhi: Suzlon Energy on Saturday said Himanshu Mody is appointed as its new Chief Financial Office from August 1, 2021. “Himanshu Mody has been appointed as the […]

Panasonic Life Solutions India launches Solar String Inverters For Residential Households to Enable a Sustainable Lifestyle

Suzlon Energy signed two new deals with Germany 

Suzlon Energy signed two new deals with Germany for two new solar renewable parks Good news : Suzlon Energy signed 2 new deals with Germany for 2 new solar renewable parks for more than 1 billion dollars , this is multi bagger its solar and renewable energy time ans Suzlon is Baap of wind turbine solar […]

Tata Power – DDL Among the First Utilities in the Country to Meet 100% Renewable Purchase Obligation Compliance

Suzlon Energy reports Rs 670 crore net profit in September quarter

The company had recorded a consolidated net loss of over Rs 777 crore in the quarter ended on September 30, 2019, showed a BSE filing at midnight on Tuesday Suzlon Energy has posted a consolidated net profit of around Rs 670 crore in the September quarter mainly due to lower expenses. The company had recorded […]

IndiGrid Q1 Profit Down 5% to Rs 81 Crore; Income Rises to Rs 564 Crore

PFC to raise foreign currency borrowing going ahead: CMD

The CMD noted that on the borrowing front, the company’s efforts towards diversification of the borrowing portfolio has started yielding results. He said that PFC Group disbursed more than Rs 1.4 lakh crore in the last financial year New Delhi: Power Finance Corporation (PFC) is likely to increase foreign currency borrowing going ahead, said Ravinder […]

Tata Power – DDL Among the First Utilities in the Country to Meet 100% Renewable Purchase Obligation Compliance

Suzlon Energy’s total debt at Rs 14,262 cr, includes FCCB worth Rs 1,376 cr

The company’s total outstanding borrowing from banks or financial institutions is Rs 12,885.75 crore, according to a regulatory filing by Suzlon. Suzlon Energy on Tuesday said its debt as on March 31 stood at Rs 14,262.06 crore, which also includes outstanding foreign currency convertible bonds worth Rs 1,376.30 crore (around $172 million). The company’s total […]

Tata Power – DDL Among the First Utilities in the Country to Meet 100% Renewable Purchase Obligation Compliance

Suzlon Energy bondholders okay resolution plan for $172 million bonds

The company had called a meeting of bondholders on April 6 seeking their nod for resolution of the outstanding $172 million bonds. Suzlon Energy on Monday received approval from bondholders for a resolution plan for outstanding securities of $172 million, the company said. The company had called a meeting of bondholders on April 6 seeking […]

Tata Power – DDL Among the First Utilities in the Country to Meet 100% Renewable Purchase Obligation Compliance

SBI unanimously approved the restructuring of Suzlon Energy’s Rs 14,000-cr debt 

The company is working on finalising various definitive agreements with the lenders, it told BSE The State Bank of India (SBI)–led consortium has unanimously approved the restructuring of Suzlon Energy’s Rs 14,000 crore worth of debt, the company said in a filing with the BSE. “The company is working on finalising various definitive agreements with […]

Panasonic Life Solutions India launches Solar String Inverters For Residential Households to Enable a Sustainable Lifestyle

Suzlon Energy defaults on borrowings worth Rs7,256.38cr

The company’s filing said that the loans were given by a consortium of 18 banks led by the State Bank of India and Indian Renewable Energy Development Agency (IREDA). Suzlon Energy, on Tuesday, notified that it has defaulted on loans worth Rs7,256.38cr due on March 19, 2019. The company’s filing said that the loans were […]

Panasonic Life Solutions India launches Solar String Inverters For Residential Households to Enable a Sustainable Lifestyle

Bankers look to resolve account of troubled wind turbine maker Suzlon Energy

Sources privy to the development told IANS that lenders may seek a month’s extension for complete resolution of Suzlon beyond the stipulated 180 days allowed under the latest Reserve Bank of India circular. New Delhi: Bankers may make one more attempt to resolve the account of troubled wind turbine maker Suzlon Energy to prevent the […]

Panasonic Life Solutions India launches Solar String Inverters For Residential Households to Enable a Sustainable Lifestyle