The company will use proceeds from the fresh issue towards working capital requirements and general corporate purposes.
If domestic CPI trajectory broadly proceeds along RBI’s projections, we believe that repo rate at 6.5% should provide sufficient disinflationary force to nudge inflation towards RBI’s target level.
Company’s order book as of March 2023 stood at 652 megawatts.
The company further highlighted that this is the largest single LOI received by it.
The venture aims to cater to discerning consumers seeking design-led, bespoke, and high-quality jewelry.
During FY23, the company achieved the generation of 24,907 Million Units (MUs) of power.
The business will be set up under a new venture ‘Novel Jewels Ltd.'
Total volume for the month registered a growth of 8%.
The project aims to supply 110 MW of green power to the KSEB, contributing to Kerala's green energy requirements.
Since 1995, Suzlon has been developing the Indian wind energy industry in accordance with the late Chairman and much-celebrated creator Tulsi Tanti's vision.