Suzlon moving CDR cell to give lenders time to sort issues:SBI
Agencies: Gurgaon, Nov 08 2012, 02:33 IST
confident about Suzlon's technological capabilities while recognising the challenging global environment.
"So, how the company manages the technological issues with the financing issues, that would need more in depth discussions," he said.
Last month, SBI had suggested suggested merger of Suzlon's German arm REpower with the group to improve profitability.
"They (Suzlon) have global subsidiaries (but) to what extent those global subsidiaries can be brought in together, to what extent you can use the surplus cash lying in one subsidiary to fund the another... so those are some of the issues," he noted.
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