Sunday, June 13, 2010

>SUZLON ENERGY: Management discussion 2009

•Suzlon completed the acquisition of 91% stake in Repower by acquiring 37.82%.

•It sold 10% stake in HansenTransmission for Rs6000 mn.

•It again sold 35.22% stake in Hansen for USD370 mnon 24Nov2009, which reduced its debt by around 15%.

•SE ForgeLtd. (subsidiary) raised Rs4000 mn from IDFC PE firm.

•SETL(China), a subsidiary of Suzlon, to setup 100MW wind farm project funded by the WorldBank.

To read the full report: SUZLON ENERGY