Changes

Jump to: navigation, search

Suzlon Energy

357 bytes added, 13:06, 10 May 2011
/* Key Insights */
|}
==Key Insights==
'''Support from Government of India'''
The Indian government has enacted legislation giving a tax break for investments in renewable energy twice in the last five years giving a significant boost to Suzlon as it has a 50% market share in India.
<br>
'''Rejection of Wind Turbine Blades'''
<br>Suzlon has faced the problem of continuous rejection of wind turbine blades and it resulted in the following:
<br>
'''Debt Problem'''
Suzlon currently has net debt of USD 2.05bn and faces a heavy debt repayment schedule beginning in FY2013.
*Monetized 35.22% stake in Hansen Transmissions
*Realized GBP 224 million through placement of 236 million depository interests at a price of 95 pence per depository interest
191
edits