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Back from the brink of bankruptcy – The Great Turnaround Story of Suzlon Energy
Suzlon Energy, founded in 1995, has experienced a transformative journey from near bankruptcy to profitability. After significant expansions and acquisitions, including REpower, the company faced a financial crisis, prompting strategic restructuring and capital infusion. By 2024, Suzlon reported strong financial recovery, reduced debt, and an extensive order book, signaling a promising future in renewable energy. This article delves into the inspiring turnaround story of Suzlon Energy.