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suzlon energy ltd (SUZLON) Details

Suzlon Energy Limited manufactures and sells wind turbine generators (WTGs) and related components in India, Europe, the United States, Canada, China, Australia, and internationally. It offers rotor blade concept and direct drive systems; general, stator, rotor, and control system annular generators; grid connection and SCADA systems, and control and flexi systems; and tubular steel and precast concrete towers, as well as constructs towers and foundations. The company’s product range includes WTGs with capacities from 600 kilo watts to 6.15 mega watts. It is also involved in the sale/sub-lease of land; sale of foundry and forging components; and generation of electricity by WTG. In addition, the company offers project services, such as land sourcing and permitting, wind resource assessment, and installation and commissioning, as well as developing power infrastructure, including laying down cables and establishing substations. Further, it offers operations and maintenance services, as well as monitoring services for erected wind turbine. The company was founded in 1995 and is headquartered in Pune, India.

10,000 Employees
Last Reported Date: 02/14/15
Founded in 1995

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suzlon energy ltd (SUZLON) Key Developments

Suzlon Completes the Commissioning of 350MW of Wind Energy Capacity in Brazil

Suzlon has completed the commissioning of 350MW of wind energy capacity in Brazil. The facilities provide electricity to 100,000 households in the northeastern states of Ceará and Rio Grande do Norte. The completed projects would reduce Brazil's annual carbon emissions by 540,000t.

Suzlon Energy Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Suzlon Energy Limited announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, on the consolidated basis, income from operation was INR 49,542.4 million against INR 50,098.2 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 288.4 million against loss from operation before other income, finance cost and exceptional items of INR 3,231.3 million a year ago. Loss from ordinary activities before tax was INR 64,010.5 million against INR 10,747.9 million a year ago. Net loss was INR 65,335.7 million or INR 20.93 per basic and diluted share against INR 10,665.7 million or INR 4.95 per basic and diluted share a year ago. EBITDA increases to INR 2,950 million from negative EBITDA of INR 1,370 million for the same period in the last year. For the nine months, on the consolidated basis, income from operation was INR 149,278.5 million against INR 136,306.2 million a year ago. Loss from operation before other income, finance cost and exceptional items was INR 1,407.3 million against INR 10,336.6 million a year ago. Loss from ordinary activities before tax was INR 77,096.0 million against INR 29,471.6 million a year ago. Net loss was INR 79,184.7 million or INR 27.71 per basic and diluted share against INR 29,062.4 million or INR 13.46 per basic and diluted share a year ago. For the quarter, on the standalone basis, income from operation was INR 2,864.6 million against INR 5,058.1 million a year ago. Loss from operation before other income, finance cost and exceptional items was INR 1,349.4 million against INR 814.4 million a year ago. Loss from ordinary activities before tax was INR 49,595.9 million against INR 6,736.2 million a year ago. Net loss was INR 49,595.9 million or INR 15.87 per basic and diluted share against INR 6,736.2 million or INR 3.11 per basic and diluted share a year ago. For the nine months, on the standalone basis, income from operation was INR 18,547.2 million against INR 20,391.7 million a year ago. Loss from operation before other income, finance cost and exceptional items was INR 2,840.0 million against INR 6,264.6 million a year ago. Loss from ordinary activities before tax was INR 59,211.0 million against INR 20,485.3 million a year ago. Net loss was INR 59,211.0 million or INR 20.65 per basic and diluted share against INR 20,482.0 million or INR 9.46 per basic and diluted share a year ago.

Suzlon Energy Seeking To Sell SEFORGE

Suzlon Energy Limited (BSE:532667) is seeking to sell SEFORGE Limited. "We are looking at selling stake in SE Forge, another non-core business," Suzlon's Chairman Tulsi Tanti said.

 

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