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Suzlon receives additional credit of Rs 2,300 crore over and above existing limits

Suzlon receives additional credit of Rs 2,300 crore over and above existing limits

Jan 15, 2016, at 09:50 pm

Mumbai, Jan 15 (IBNS): Renewable energy solutions firm Suzlon Group on Friday announced that it has been sanctioned an additional credit facility (substantially non-fund based) of Rs 2,300 crore (USD 344 million) over and above its existing limit to meet its requirements for execution of sizable order backlog and pipeline, which will help in to capitalize on the growth opportunities in the Indian and global renewable energy sector.