The company's looming obligations include $569m of payments on equity-backed foreign currency convertible bonds (FCCBs).

Suzlon chief financial officer Kirti Vagadia says in a statement: "We are working aggressively on our plans to manage our near-term repayment obligations and remain very confident of meeting them.”

Vagadia adds: "We have excellent business visibility, backed by a record order book, secure long-term OMS (operations, maintenance and service) revenues, and almost no leverage on our international assets.

“Our