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Suzlon Energy to Raise ₹1,200 crore via Rights Issue – EQ Mag Pro

The Securities Issue Committee of the Board, at its meeting held on Sunday, approved the rights issue, the company said in a regulatory filing. Suzlon Energy on Sunday said its board has approved raising Rs 1,200 crore via a rights issue of 240 crore shares. The Securities Issue Committee of the Board, at its meeting […]

Techno Electric partners with IndiGrid for developing greenfield transmission projects – EQ

Suzlon Energy seeks Rs 4,200-crore bailout from govt-owned PFC, REC – EQ Mag Pro

The company had net debt of nearly Rs 6,405 crore as of September last year Suzlon Energy, a loss-making renewable power firm, has sought a Rs 4,200-crore bailout from the government-owned Power Finance Corporation (PFC) and REC. According to banking sources, Suzlon Energy has proposed that because REC and PFC have specialised knowledge about the […]

Techno Electric partners with IndiGrid for developing greenfield transmission projects – EQ

Suzlon Energy Loss Narrows to Rs 54 Cr in March Quarter

Suzlon Energy’s consolidated net loss narrowed to Rs 54.25 crore in the quarter ended March 31, 2021 mainly on the back of higher revenues. New Delhi :  Suzlon Energy’s consolidated net loss narrowed to Rs 54.25 crore in the quarter ended March 31, 2021 mainly on the back of higher revenues. The consolidated net loss […]

10 gram panchayats will go green: Himachal CM promises on I-Day – EQ

Suzlon Energy Appoints Himanshu Mody as Chief Financial Officer

Himanshu, who holds MSC in Finance from University of Strathclyde, Scotland, UK, brings to fore over 22 years of experience in the fields of finance and strategy New Delhi: Suzlon Energy on Saturday said Himanshu Mody is appointed as its new Chief Financial Office from August 1, 2021. “Himanshu Mody has been appointed as the […]

10 gram panchayats will go green: Himachal CM promises on I-Day – EQ

Suzlon Energy reports Rs 670 crore net profit in September quarter

The company had recorded a consolidated net loss of over Rs 777 crore in the quarter ended on September 30, 2019, showed a BSE filing at midnight on Tuesday Suzlon Energy has posted a consolidated net profit of around Rs 670 crore in the September quarter mainly due to lower expenses. The company had recorded […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

PFC to raise foreign currency borrowing going ahead: CMD

The CMD noted that on the borrowing front, the company’s efforts towards diversification of the borrowing portfolio has started yielding results. He said that PFC Group disbursed more than Rs 1.4 lakh crore in the last financial year New Delhi: Power Finance Corporation (PFC) is likely to increase foreign currency borrowing going ahead, said Ravinder […]

India hydro potential – EQ