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Suzlon Energy to raise Rs 1,500 crore
April 1, 2014April 1, 2014by In Power & New and Renewable Energy

Suzlon Energy to raise Rs 1,500 crore

Pune-based Suzlon Energy is planning to raise about Rs 1,500 crore through selling its assets. Two of the fifteen assets, which the company plans to sell, are in abroad. These assets have components manufacturing facility and old plants. Suzlon wants to sell some of its assets in Gujarat, Maharashtra, Tamil Nadu and Pondicherry. According to the company, the process of selling assets would at least take 12 to 18 months.