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Suzlon Energy's three promoters pledge 2.8 cr shares20-NOV-09
Wind power turbine maker Suzlon Energy today said its three promoters have, in total, pledged a further 2.80 crore shares, taking the total shares pledged by the company's promoters to 28.28 per cent.
Suzlon sells 35% stake in Hansen20-NOV-09
Will raise Rs 1,729 crore through sale in Belgian arm to reduce debt burden.
Suzlon subsidiary to sell 35% stake in Hansen19-NOV-09
AE Rotor Holding B.V., a wholly-owned subsidiary of Suzlon Energy today announced that it plans to sell a 35 per cent stake in Hansen Transmissions.
Suzlon opens wind farm in Australia19-NOV-09
Wind energy major Suzlon Energy has officially opened Infigen Energy’s Capital wind farm, the largest wind farm in Australia at Bungendore in New South Wales.
REpower's H1 net profit rises 21.5%13-NOV-09
REpower, the German subsidiary of Suzlon Energy, has posted a 21.5 per cent increase in net profit at ¤17.5 million (Rs 121.9 crore) for the first half of 2009-10, from ¤14.4 million (Rs 100.3 crore) in the previous year, thanks to its healthy order book position.
Markets at a glance09-NOV-09
The markets staged a recovery after a steep correction during the first half of last week. The trading was characterised by bouts of sharp intra-day volatility, especially in the last three trading sessions. The BSE Sensex managed to cross the 16,000 level during the last sessions of the week. During the week, the Sensex rose 262 points or 1.65 per cent to 16,158, while Nifty rose 84 points or 1.79 per cent to 4,796. However, mid-caps outperformed the broader indices during the week, whereas small-caps underperformed. FIIs were net sellers initially, but started buying during the second half of the week.
VRL looking to exit its wind power business06-NOV-09
Logistics and transport major VRL Logistics Ltd (VRL) is looking at exiting its 42.5 Mw wind power venture at Mundargi in Gadag district of Karnataka, because of delayed receivables from the sale of power as well as its high operational costs. The Hubli-based company had forayed into the wind energy business in 2007 by setting up the venture for Rs 250 crore.
Suzlon: Done to debt05-NOV-09
The financial crisis and the subsequent downturn have hit Suzlon badly and the pain continues to linger.
Suzlon Energy posts huge net loss of Rs 356 cr02-NOV-09
Wind turbine supplier, Suzlon Energy, has posted a net loss of Rs 356 crore for the quarter ended September 30, 2009 against a net loss of Rs 23 crore for the corresponding previous quarter.
Suzlon scales down forecast02-NOV-09
Suzlon Energy, the world’s third-largest wind turbine supplier, has scaled down its sales forecast for the current year to 1,900-2,100 megawatts (Mw) from the 2,400-2,600 Mw guidance given earlier, owing to delay in execution of orders.
Suzlon's loss widens to Rs 356 cr01-NOV-09
Wind turbine supplier Suzlon Energy posted a Rs 356-crore loss in the quarter ended September 30, compared with a Rs 22.84-crore loss posted in the same period last year, owing to lower volumes.
Suzlon commissions GMDC's 19.5 Mw wind farm15-OCT-09
Suzlon Energy Limited (SEL), India’s largest wind turbine manufacturer, has completed and commissioned a 19.5 MW wind farm project for state-run Gujarat Mineral Development Corporation (GMDC) at the Maliya –Miyana site in Rajkot district of Gujarat.
Suzlon reinforces all faulty turbine blades14-OCT-09
Suzlon Energy Ltd (SEL), the third-largest wind turbine manufacturer in the world, today said it had completed its global programme to reinforce all blades of its V2 type which had been found to have a manufacturing defect.
Suzlon completes retrofit prog of wind turbine blades13-OCT-09
India's largest wind turbine manufacturer Suzlon Energy has said it completed the worldwide programme for strengthening and reinforcing a certain set of blades, which suffered cracks.
Vestas to add 250 Mw wind power capacity in Kutch12-OCT-09
Danish wind player plans to invest Rs 1,750 crore for the project.
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