The company also revealed plans to raise $100-$200m by selling some "non-critical" assets to reduce its $2bn debt.
The world’s fifth largest turbine maker has worried investors over its ability to repay $360m of foreign currency convertible bonds (FCCB) maturing in June and $207m due in October.
Earlier this month Suzlon said it had asked holders of the FCCBs maturing in June to grant an extension of up to 45 days while it raises up to $300m in new finance.
It
