Indian wind power firm Suzlon will be restructuring some $1.97 billion in debts under a process devised by the State Bank of India to prevent Indian companies facing liquidity issues from going bankrupt. The debt restructuring will give Suzlon some room to fund its operations and finance new wind projects. The Suzlon Group had announced that its wind installations had breached the 20 GW mark but much of these projects were funded by its German subsidiary Repower which operates on separate funds.
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