J.P. Chalasani

Back to Biz: Suzlon’s Shareholders Okay Debt Restructuring Plan

Tulsi Tanti formed wind turbine maker Suzlon Energy has now got a new life after its shareholders have approved its debt restructuring plan, and helping it to get back into the business again. The Pune-based company had initiated the process of the postal ballot for seeking approval of its shareholders by way of ordinary and […]

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Suzlon Energy Posts Net Loss at Rs 625.76 Cr in Sept Quarter

However, it’s consolidated total income from operations grew to Rs 1,221.89 crore during Q2 2018-19, as compared to Rs 1,179.07 crore during the same period last year. Leading wind turbine maker Suzlon Energy reported its consolidated net loss after tax at Rs 625.76 crore in the July-September quarter of FY19. “The consolidated net profit after […]

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Sembcorp Commissions 250 MW Wind Project; Beats SECI Timeline

The wind power project was dedicated to the nation by Minister of State (IC) for Power and New & Renewable Energy, Raj Kumar Singh at the 2nd Global RE-INVEST summit.   Sembcorp Energy India (SEIL) and Suzlon Group has completed the 250 MW wind power project, which is the first among all SECI auctioned wind […]

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CLP India, Suzlon Join Hands for 2 Solar Projects in Maharashtra

As per the deal, CLP India has agreed to acquire 49 percent stake in Gale Solarfarms and Tornado Solarfarms, two special purpose vehicles (SPV) set-up by Suzlon. Foreign investor CLP India and renewable energy solutions provider Suzlon has inked a joint venture pact for two solar projects of 50 MW and 20 MW in Dhule, […]

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Suzlon Energy Posts Q4 Net Loss at Rs 470 Cr; 340 MW Solar Projects Commissioned

There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […]

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Suzlon Commissions 340 MW Solar Projects in Three States

With the commissioning of 340 MW projects, Suzlon has completed delivery of its entire solar order book. Suzlon, India’s largest renewable energy solution provider has commissioned 340 megawatt (MW) of solar projects across Telangana, Rajasthan and Maharashtra. The projects include 210 MW in Telangana, 60 MW in Rajasthan and 70 MW in Maharashtra, the company […]

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