Suzlon plans debt rejig after stake sale fails

Chairman Tulsi Tanti told that the domestic wind energy market faces problems that have made foreign investors wary of investing, forcing the company to drop its stake sale plan to resolve debt issues. He said banks are working with the company on the debt restructuring plan as failure of the industry major may have a domino effect on the wind energy sector.

from Markets-Economic Times https://ift.tt/389UenA