Suzlon Bankruptcy Suzlon Energy, India’s green poster child has finally fallen into a debt death spiral. The wind turbine giant is heavily debt-laden and is unable to honor its commitments. The company always had huge debt commitments Suzlon which is India’s largest pure-play green company and one of the largest wind turbine manufacturers globally has faced challenges in […]
Should You Buy Suzlon stock Now? The Indian stock market had recently seen a large number of stocks of highly leveraged companies fall after the Essel group issues. The whole problem started after one of India’s largest infrastructure groups IL&FS defaulted on its debt repayments. The IL&FS group which was a large conglomerate of companies in […]
Can India really Install 6GW Wind Capacity in FY18 Suzlon chairman Tulsi Tanti thinks that India can do 6 GW of wind energy capacity next year after India installed 5.4 GW of wind capacity in FY17. This record breaking capacity addition was a one off since the wind energy industry faced a huge amount of […]
Suzlon has been making a royal song and dance about getting into the solar industry in India. The company which is one of the world’s biggest maker of wind turbines and is a large wind farm developer in India had fallen into hard times. Its massive debt burden had pushed the company into the brink […]
Suzlon Suzlon has become India’s largest wind turbine seller once again, with a 20% share of the India market. But Gamesa has emerged as the real star after almost quadrupling its sales last year, to become a very close No.2. Others in the top 5 are also foreign turbine makers such as Enercon and General […]
Buy Suzlon? Suzlon Energy has seen its stock price rise by over 200% from its all times lows, as the Indian stock market has rallied strongly with the appointment of the new government which has a majority in parliament. Suzlon too has seen some operational improvement after reducing debt, through sale of assets such as […]