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Caught in debt trap, Suzlon sells Senvion for $1.2 bn

Jan 22, 2015

Caught in debt trap, Suzlon sells Senvion for $1.2 bn

Suzlon chairman Tulsi Tanti said the sale was at a "minor loss" but the proceeds from the deal will help reduce borrowings, cut interest burden and free up more capital for projects to help it return to profitability next fiscal. #Business #CompanyWatch #Suzlon Energy #Areva #Tulsi Tanti #senvion #REpower Systems AG #Centerbridge Partners
Niger 4 Frenchmen taken captive freed after 3 years

Oct 30, 2013

Niger 4 Frenchmen taken captive freed after 3 years

Four Frenchmen taken hostage by al-Qaida extremists in Niger have been released after three years of captivity and a French-led military intervention in the region that weakened the Islamic radicals. #World #France #NewsTracker #Areva #Niger
Willing to pump $1 bn in India sans investment hurdles: Hollande

Feb 16, 2013

Willing to pump $1 bn in India sans investment hurdles: Hollande

French companies led by the retailer Carrefour and nuclear major Areva, among others, have been waiting to invest in the country but like others in the developed world have blamed the policy environment as being the impeding factor. #France #Carrefour #Areva
Areva bags Reliance contract to set up solar power plant

Apr 13, 2012

Areva bags Reliance contract to set up solar power plant

Areva Solar, France-based Areva's subsidiary, has bagged a contract by Reliance Power to build Asia's largest concentrated solar power installation. #Energy #NewsTracker #Solar power #Reliance Power Limited #Solar thermal energy #AREVA S.A.
France seeks clarity on n-liability rules

Apr 05, 2012

France seeks clarity on n-liability rules

The Civil Liability for Nuclear Damage Act fixes liability for nuclear damage and specifies procedures for compensating victims. #France #NewsTracker #Areva #Civil Liability for Nuclear Damage Bill