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Suzlon Energy defaults on Rs 7,256.38 crore payment obligations

Updated : January 08, 2020 06:39 AM IST

The loans were provided by a consortium of Indian Renewable Energy Development Agency (IREDA) and 18 banks led by the State Bank of India (SBI).
In a statement to the stock exchanges, the company said the total amount of outstanding borrowings from banks and financial institutions was Rs 12,785.17 crore.
Suzlon Energy defaults on Rs 7,256.38 crore payment obligations

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