Worth Rs 2300 crore
Suzlon Energy announced that it has received an additional sanction of working capital lines (substantially non-fund based) of Rs 2300 crore (USD 344 million) to meet its requirements for execution of sizable order backlog and pipeline. This will enable Suzlon to scale up volume.The additional working capital sanctions over and above the existing working capital facilities of Rs 4300 crore (USD 644 million). These facilities will be catalyst to help Suzlon tap the growth opportunities in Indian and international markets.
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