1. Home
  2. Tag "Suzlon Energy"

Suzlon Energy seeks Rs 4,200-crore bailout from govt-owned PFC, REC – EQ Mag Pro

The company had net debt of nearly Rs 6,405 crore as of September last year Suzlon Energy, a loss-making renewable power firm, has sought a Rs 4,200-crore bailout from the government-owned Power Finance Corporation (PFC) and REC. According to banking sources, Suzlon Energy has proposed that because REC and PFC have specialised knowledge about the […]

EDP Renewables and Walmart Announce 15-Year Power Purchase Agreement in Texas – EQ

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 […]

Adani Green Energy commissions 180 MW solar power project at Jaisalmer -EQ

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 […]

Adani Green Energy commissions 180 MW solar power project at Jaisalmer -EQ

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 […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

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 […]

Gensol Engineering appoints Kapil Nirmal as CEO of West Asia business -EQ

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 […]

Gensol Engineering appoints Kapil Nirmal as CEO of West Asia business -EQ

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 […]

Gensol Engineering appoints Kapil Nirmal as CEO of West Asia business -EQ