Suzlon Energy to raise Rs 2000 crore

Suzlon Energy, one of the leading renewable energy companies in India, has decided to raise up to Rs 2,000 crore through issuance of securities. The board of directors of the company, at a meeting held on August 12, 2016, approved issue of securities. However in order to raise this fund, the company has also sought shareholders approval in its annual general meeting scheduled to be held on September 30, 2016.

The Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 19 countries in Asia, Australia, Europe, Africa and North and South America.