Suzlon finance chief Kirti Vagadia said the expanded credit facility – which adds to the $644m already sanctioned – will “help fuel Suzlon’s business growth and enable us to ramp up volumes rapidly”.

Suzlon has been steadily rebuilding its position since running into trouble in 2012, when a crippling debt pile and market slowdown forced the company into several years of financial contortions to keep its creditors onside – but which also badly hobbled its ability to make operational progress.

Since