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Suzlon ends difficult year on Rs 983-cr loss

Posted on: May 31st 2010 in Stock News.

Wind turbine maker Suzlon Energy posted a net loss of Rs 188 crore for the fourth quarter ended March 31, as against a net profit of Rs 314.9 crore in the year-ago period, hurt by continued turbulent times for the wind energy industry. In the fourth quarter of 2009-10, the group clocked …

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Suzlon Energy completes REpower buy

Posted on: June 7th 2009 in Press Releases.

Suzlon Energy, the world’s fifth-largest wind turbine maker, today said it has completed the acquisition of Portugal-based Martifer Group’s stake in its German subsidiary, REpower Systems.The company has made the final payment of ¤87.6 million (about Rs 575 crore) to Martifer for its…

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