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RENEWABLES / CLIMATE CHANGE TRENDS
 
Vol. VIII Issue. 46
Moser Baer Solar enters CDR cell

01 May 2012

April 25, 2012. India's solar power ambitions may get a jolt with the first major company in the industry Moser Baer Solar headed to the corporate debt restructuring cell with ' 739 crore in restructuring. Moser Baer Solar is a subsidiary of Moser Baer India. Another subsidiary company Moser Baer Photo Voltaic with a debt of ' 823.63 crore was admitted to CDR in January. Firms operating in the solar energy space have been under strain following developments in European markets.

      
 
 
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