Suzlon Gets Record $1.2 Billion Wind Order From Caparo
As reported in Bloomberg, Suzlon Energy Ltd., India’s largest wind-turbine maker, won an order to supply $1.28 billion worth of equipment to Caparo Energy Ltd. for projects in India, marking its biggest order to date in the world’s fastest-growing wind energy market. Ahmedabad-based Suzlon is saddled with almost 215 billion rupees ($4.7 billion) in debt. Such order will help it to prevent any financial trouble.
You can read more here: http://www.bloomberg.com/news/2011-01-28/suzlon-signs-1-28-billion-agreement-with-caparo-to-develop-wind-farms.html
