Tanti said Suzlon will seek to list Senvion on the London Stock Exchange by next March, raising up to €500m in return for a 25% stake.

The Indian group may raise roughly the same amount of debt against Senvion, using the proceeds to refinance its parent group's more expensive Indian loans and cut Suzlon’s interest charges by 50% by the final quarter of its current 2015 financial year, which ends next March.

Tanti