NEW DELHI: Indian wind turbine maker Suzlon Energy plans to raise USD100 million to USD200 million through asset sale in 2012/13 to reduce its debt, chief financial officer Kirti Vagadia said on Friday.

The Suzlon Group is ranked as the world’s fifth largest wind turbine supplier, in terms of cumulative installed capacity, at the end of 2011.

The company’s global spread extends across Asia, Australia, Europe, Africa and North and South America approaching 20,000 MW of wind energy capacity installed in 28 countries, operations in 32 countries, a workforce of over 13,000.

(Agencies)

Latest News from Business News Desk