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What went wrong with Suzlon Energy?
Mon, Jul 16, 2012 at 16:51
Debt-laden Suzlon sold its 26% stake in Hansen in 2011. Last month it agreed to sell a stake in its China manufacturing unit to China Power New Energy Development Co for around Rs 340 crore. Suzlon also said towards June-end that it is in advanced stage to raise USD 300 million from its senior secured lenders and its bond holders approved extension of repayment date of USD 360 million to July 27.