Page 4 - Suzlon

Suzlon looks for fresh investors, but analysts flag turnaround woes

While the weakness has contributed to Suzlon's bad financial health, industry experts pointed out that a long-term strategy was missing

Suzlon stares at $172 mn FCCB repayment in July; explores funding options

CARE Ratings in April downgraded Suzlon's Rs 16,185.46 crore worth debt to a default rating

Suzlon aims to reduce 40-50% of debt through asset monetisation by March

The firm restructured its loans in the past and had long-term debt of around Rs 71.4 billion as of end-June

Suzlon to offload 49% stake in two solar projects in Maharashtra to CLP

This will be CLP's second joint venture project with Suzlon

Suzlon targets commissioning 30% of the 20,000 MW wind capacity by FY21

The company at present has a 20 per cent share in the 7,500 MW wind capacity already auctioned

Suzlon shares gain over 3% on bagging 75 Mw Maharashtra wind energy project

On NSE, shares of the company ended at Rs 11.35, up 3.18 per cent

Suzlon swings back to profit; Q4 net at Rs 579 crore

Pune-based company had posted a net loss of Rs 333 crore in the corresponding quarter of last fiscal

Suzlon looks to exit CDR by first half of FY18

Says exit from the CDR cell is needed for its ratings

Suzlon bags 226.8 MW wind power project order

The order consists of 108 units of S111 90m tubular tower with rated capacity of 2.1 MW

Suzlon wins orders for combined capacity of 111 Mw

This combined capacity includes orders from reputed corporate houses such as Serum Institute of India

Suzlon wins nearly 76 mw turnkey orders from PSUs, SMEs

Projects are spread across states of Gujarat and Andhra Pradesh and are scheduled to be completed by March 2017

Suzlon eyes 40% market share for FY17

To expand into solar power and high growth areas such as US China, Brazil and others

Time to renew interest in Suzlon?

After 3 years of deep losses, profit of Rs 482 cr in FY16

Back in the black, Suzlon eyes 40% market share this year

Suzlon has so far installed 15,550 mw or 15.5 GW across the globe, while its installed capacity in the country is 9,500 mw

Suzlon commissioned 900 MW wind energy projects in FY16

Nearly 520 MW, more than half of the total commissioning, happened during the fourth quarter of the fiscal

Suzlon Energy redeems FCCBs of $28.8 million

The company also redeemed the applicable 8.7% redemption premium

Suzlon bags order of 105 Mw from Greenko Group

The project is expected to commission by January 2017

Suzlon bags 105 Mw wind project order from Greenko Group

Suzlon Group is a renewable energy solutions provider with an international presence across 19 countries

Suzlon bags 81.90 MW turnkey orders

It also includes a consecutive repeat order from the country's first municipal corporation to invest in wind energy

Suzlon to set up 3,000 Mw power project in Telangana

The Suzlon Group is charting out a Rs 1,200 cr investment plan for this project