- 10:42 PM Are stricter rules for MF advertisements on anvil?
- 10:31 PM NSE to launch new MF service system on Nov 30
- 10:16 PM India indispensable to America's future: Barack Ob...
- 10:00 PM Subir Gokarn’s agenda:Stimulus exit not to hit eco...
- 09:16 PM Worst over for India auto companies: Anand Mahindr...
- 08:52 PM Edelweiss, Tokio Marine ink insurance JV
- 08:42 PM Aviation biz to contribute 5% to rev in 3-5 years:...
- 08:24 PM Inflow of money will not help curb inflation: Bima...
- 07:17 PM MphasiS Q4 cons net profit up 33.9% at Rs 245 cr
- 06:59 PM Immediate supports for rupee at 46.20/46.10: Commt...



Mumbai April 26
As many as 44 wind turbines operated by Suzlon in Sangli District in Maharashtra have been shut down following protests from local residents.
Local residents are demanding more money for their land, which is leased to the company.
Suzlon has sought the State Government's help in sorting out the issue, said a company official.
Dr Anil Kane, Suzlon's Corporate Adviser, told Business Line that the company has 222 MW of installed capacity in Sangli, of which 74 MW has been shut down. It works out to 34 per cent of the installed capacity, he said.
The company representative had a meeting with the State Government officials in Mumbai on Wednesday. Mr Vivek Kher, spokesperson for Suzlon, said though the company has been facing this problem for sometime, it has now reached a stage where its power production is seriously affected.
Turbine Installations
"Despite our efforts to resolve the matter, we have not been getting enough support from the State Government officials. The issue has reached such a stage that we are forced to defer the installations of turbines in some sites in Sangli and Dhule and shift some of the turbine installations to the neighbouring state of Gujarat. We are also forced to cancel the turbine installations in a few other sites in Maharashtra," Mr Kher said.
Taken from Business Line
|
|
Business
Business News | Economy | Earnings | BSE NSE Notices
General News
Current Affairs | Politics | World News | Sports | Entertainment
Corporate Strategy
Management | Advertising | Marketing | Legal
Personal Finance
Tax | Insurance | Credit Cards | Loans | Property | Retirement | Investment Help | Financial Planning | Fixed Income
Markets
Local Market | Global Market | Market Cues | Analysis | Expert & FII outlook | Brokerage Recomendation
Stocks
Stocks in News | Expert Advice | ADRs & GDRs | IPO
Mutual Funds
News | Advice | MF Analysis | Fund Managers Views
Lifestyle
Travel | Wellness | Technology | Auto| Books
-
Most Read
-
Most Viewed
- 10 Companies that FIIs love
- 10 companies that MF managers love
- Mitesh Thacker's top 5 picks for trade today

- Ganeshaspeaks: Market prediction for Nov 24
- Will ITC dream run continue beyond FY10?

- Den Networks slips 22% after listing at Rs 195
- Trading in MF units to start in 15 days: SEBI

- Why LyondellBasell is a goldmine for RIL

- Experts see mkts at new highs, advise sectors

- Corrections in '10 to be more aggressive, violent: JPMorgan

- Mahindra may increase car prices due to rising input costs
Source: Business Line
- Renault to continue with M&M for Logan, says Ghosn
Source: Business Line
- Market volatility poses valuation problems: IRDA
Source: Business Line
- Punjab, Haryana buck all-India rice decline trend
Source: Business Line










