Suzlon eyes sale of 15 non-core international assets

05/6/2013 | Business Standard (India)

Suzlon Energy aims to generate up to $400 million by divesting noncore assets in an effort to cut costs and reduce debt, said Chief Financial Officer Kirti Vagadia. "We have identified 15 non-core assets, mostly in overseas markets like China, U.S., etc., which we plan to sell in the next 12-18 months in a phased manner," Vagadia said.

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