JP Chalasani, group CEO, Suzlon Energy said that tendering in renewables is seeing a sustainable growth.
“With my experience in power sector I can say that whenever the tariffs are low the demand keeps increasing,” he added.
Talking about business, he said,”Currently we have 35 percent market share in the industry.”
He further said that we are seeing foreign interest given larger size of projects.
On debt front, he said, “We are in the process of exiting corporate debt restructuring and we should exit corporate debt restructuring by end of Q3FY19.”
“We are trying to re-enter international markets and are confident of bagging international orders in FY19,” he said.