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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 200 6 Turnaround Watch · EPC SEPC Ltd (₹6.54): From Stressed Asset to Strategic Platform Debt down from a peak of ₹907 crore to ₹351 crore. Two SAIL orders worth ₹1,527.89 crore landed inside eight weeks. A Dubai-headquartered promoter that bailed the company out of an RBI stressed-asset restructuring is now backing an ADNOC-linked entry into the Middle East. This is what a real turnaround looks like when you actually read the balance sheet instead of the ticker. 1 The Arc: From a ₹300 IPO to a Stressed Asset to a Rescue SEPC Ltd listed in February 2008 as Shriram EPC, priced at ₹300 a share, raising ₹150 crore under the Shriram Group — one of India's most recognised financial-services names, then led by T Shivaraman...
Suzlon bags 21 MW order from Serum Institute
Suzlon Energy today said it has bagged an order from Serum Institute of India to supply 10 turbines of 2.1 MW capacity each for captive consumption.
Under the agreement, Suzlon will supply, set up, operate and maintain the S88 wind turbines for Serum Institute in Pune, the company said in a statement.
With the new order, total renewable energy portfolio of the biotech company Serum Institute will increase to 60 MW, it said.
"As an organisation we are committed to the conservation of the environment and are constantly seeking ways to reduce the carbon footprint from our business operations. We see wind as a smart option with its techno-economic maturity and comparatively lower risks," Serum Institute chairman Cyrus Poonawalla said.
Serum Institute of India is a leading biotech company and among the world's largest makers of paediatric vaccines as well as of measles and DTP group of vaccines.  

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