SUMANSPEAKS June 23, 2026 SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 Legal Intelligence · EPC Sector The Court That Keeps Giving SEPC Ltd (₹6.82) Another Chance to Breathe From a ₹195 crore Singapore arbitration decree to a ₹2 crore salary lifeline — how the Madras High Court became the most interesting character in SEPC's ongoing legal saga, and why the retail investor is watching the wrong plot entirely Indian markets love to price fear. And when a company simultaneously carries a Singapore arbitration award, a CRISIL D rating, and a Madras High Court order on its file, the average retail investor does not pause to read the fine print. He sells first, panic-tweets second, and asks questions never. SEPC Limited (BSE: 513446) has been living in this particular purgatory for over three years — down on bad days, overlooked on good ones, and relent...
Chinese unit sale may help Suzlon repay debt
Proceeds from the proposed sale of Chinese plant may help Suzlon Energy to partly repay its debt commitments. The proposed sale of the unit, valued at $60 million (Rs 340 crore), can help repay about 16 per cent of the $360-million foreign currency convertible bonds due on July 27.
Suzlon Energy had earlier in the month stated that it was in advanced stages of talks to raise $300 million from banks for repayment of the FCCBs. The Chinese unit sale will help the company supplement the bank debt it is about to take.
ENTRY IN CHINA:
Suzlon Energy had set up a manufacturing unit with capacity of 900 MW in China in 2006. At that time, it was the only international player in the Chinese market, although players such as Gamesa and GE are now present. The Chinese market was attractive then, as new installations expanded in double digits, pushing China to the top spot in the wind energy market.
The Chinese unit was also a good base to reach out to other East Asian markets such as Korea, Vietnam and Thailand.
But in recent years, the number of wind equipment players increased from 10-12 manufacturers (2005) to about 85 last year.
This resulted in intense competition and also excess supply in the market. This trend is also visible in the Chinese share of Suzlon’s order book.
China accounted for 13 per cent of Suzlon’s order book even a year ago.
This has now dwindled to just three per cent in FY12. While details of revenue from China are not available, volumes sold dwindled from 201 MW in FY11 to 64 MW. That’s just four per cent of total volume sold in FY12.
Players like Gamesa are also reported to have stated that the Chinese market is likely to remain difficult. Gamesa did not receive any orders in the first three months of this year.
Considering that the severe competition may not only reduce market share but also profit margins, Suzlon’s decision to sell its unit in China appears to be a good move.
Suzlon has stated that it will realign its Chinese strategy with an asset-light model. That could well be from focussing on the maintenance market.
Courtesy: The Hindu Business Line
Courtesy: The Hindu Business Line
Popular posts from this blog
.jpeg)
Hikaru Nakamura and Atousa Pourkashiyan: A Checkmate in Love – A Grand Union Forged on the 64 - Squares.... Introduction: Hikaru Nakamura, a name synonymous with modern chess, is a prodigy-turned-legend whose brilliance has redefined the contours of the game. A five-time U.S. Champion, his fearless strategies and dynamic online presence have made him an unparalleled force in the chess world. In 2023, however, the grandmaster made headlines for a personal milestone: his marriage to the courageous and equally accomplished chess player, Atousa Pourkashiyan. Atousa, a Women's Grandmaster (WGM), is a celebrated chess player and a symbol of resilience. Her bold decision to compete without a hijab during the 2022 World Rapid and Blitz Championship became a landmark moment in the global spotlight. This act was a direct expression of solidarity with the Mahsa Amini protests in Iran, where women have continued to fight against oppressive mandates, demanding the freedom to choose their attir...
WINNING STROKES: THINK DIFFERENT: Please STOP investing in companies by simply looking at their past quarterly/annual results. More quickly you do away with this BAD habit, the better it will be for your investment philosophy. Please remember a debt free company (zero liability) which is closed, has tremendous value, unlike what an Old Analyst from Bombay is trying to make us understand. How will the markets behave today?? This portion only to the Paid Groups.... My Mom (mother) is seriously ill (who is suffering from Cancer) and hence the services to the Free and Paid Groups might be affected in the days to come... Galada Power and Telecom Ltd, which was recommended yesterday to the Paid Group through an SMS and then to the Free Group, hit the upper circuits. The company has 4 acres of land in Uppal , whose current market price is around Rs.24--Rs.28 Cr. However, what is the latest development in the company?? This portion only for the Paid Groups. Sanguine Media Services Ltd hit ...
Turnaround Play? 3i Infotech Bets on ₹100-Crore Rights Issue to Power Growth. ~Sumon Mukhopadhyay. ------------------------------------ Introduction: Founded in 1993 and headquartered in Mumbai , 3i Infotech Limited is a global IT services provider with over three decades of expertise in digital transformation. With a workforce exceeding 4,300 professionals and a client base spanning India, North America, the Middle East & Africa (MEA), and Asia-Pacific (APAC) , the company operates across three strategic verticals: 🔹Infrastructure Services (cloud and cybersecurity), 🔹 Application-Automation-Analytics , and 🔹 Business Process Services . In FY25 , 3i Infotech posted consolidated revenues of ₹725.75 crore (India: ₹335.80 crore; US: ₹287.34 crore; MEA: ₹74.98 crore; APAC: ₹27.63 crore) and achieved a net profit of ₹25.3 crore , marking a significant turnaround from a ₹313.6 crore loss in FY24 . To reinforce this recovery, the company has proposed a ...
Comments