Debt Relief

Suzlon gets final nod on debt restructuring
Suzlon Energy, the world’s fifth largest wind turbine supplier, has received the final approval for the restructuring its 95 billion Rupee (USD1.77 billion) debt, marking the largest debt restructuring of an Indian company.
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Another Indian clean energy firm seeks relief from debt burden
Moser Baer India (MBI), the nation’s biggest solar manufacturer, plans to restructure USD738 million of loans and bonds as it jostles to survive a supply glut that has claimed at least 10 US, German and French panel makers, according to Bloomberg.
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Indian wind firm seeks $30 mln to keep creditors at bay
Bloomberg reports that Indowind Energy, which sells wind power in India to companies including Oracle and Citibank, seeks to raise USD30 million to help pay off loans and bondholders.
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Taiwan's debt-laden E-Ton Solar seeks $102 mln in private capital
E-Ton Solar Tech Co., a Taiwan-based solar cell maker, said that it is planning to raise up to NT$3 billion (USD102 million) through a private placement in order to repay debts and help fund purchases of raw materials.
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