Suzlon Energy defaults on $172m bond payment
MUMBAI: Debt-laden Suzlon Energy said it defaulted on a $172-million bond payment on Tuesday, as sources aware of the matter said the wind power equipment maker was in talks with several global private
MUMBAI: Debt-laden Suzlon Energy said it defaulted on a $172-million bond payment on Tuesday, as sources aware of the matter said the wind power equipment maker was in talks with several global private
Suzlon Energy, the world's fifth-biggest wind turbine maker, is among six others who have signed an agreement with the US government to help the world's biggest economy generate 20 per cent of its electricty using wind power by 2030. The pact may aid the Pune-based company win more orders for power equipment and improve manufacturing technology.
Tulsi Tantir a rainmaker who cashed in on the unlimited supply of nature's energy, the wind---------
Land development, as wind turbine leader Suzlon is discovering in Maharashtra, is confronted with a peculiar problem. Once developed, land
Close on the heels of quality issues related to some of the wind turbine blades supplied in the US and other parts of the world, Suzlon Energy - the fifth largest wind power equipment manufacturer in the world - is facing more problems in the US. Suzlon Rotor Corporation, its US subsidiary which manufactures wind turbine blades and nose cones at Pipestone, Minnesota, has been fined by the local Minnesota Pollution Control Agency (MPCA) for allegedly violating air pollution control norms.
World's fifth largest wind turbines maker Suzlon Energy on Wednesday said its US-based arm has secured a contract from a local company in that country for supply of 200 mw. The contract is an extension to the order placed by Horizon Wind with Suzlon Wind Energy Corporation, which is a step-down subsidiary of Suzlon Energy. "The original contract calls for delivery of 400 mw of turbine capacity in 2008 and 2009, and now has been expanded to include an additional 200 mw in 2009," Suzlon Energy informed the BSE.
It is a known fact that the world
Looks like land grab Asia
NEW DELHI: Leading wind power equipment maker Suzlon Energy on Monday announced its plans to venture into the solar energy sector. Talking to newsmen on the sidelines of the ongoing India Economic Summit here, Suzlon Energy chairman and Managing Director, Tulsi R. Tanti said this would be in addition to the plans for tapping the wind power potential in the country.
PB Jayakumar & Makarand Gadgil / Mumbai June 05, 2009, 0:45 IST The world's fifth largest wind turbine maker, Suzlon Energy, which has been grappling with quality issues with its rotor blades in the US and struggling to repay debt, finds itself in rough weather yet again
The Maharashtra Government has ordered a high-level inquiry into wind turbine maker Suzlon Energy