Everyone must remember the “Dangtang Bayin Tara Wind Farm Fan Fire” incident reported by the domestic media in May. It is understood that the wind turbines of the wind farm are all supplied by Indian wind power manufacturer Suzlon.

Recently, the news that “Vestas Investment Negotiation” triggered the soaring share price of Suzlon is endless. According to foreign media reports, Vestas is weighing 40% of the company's shares. During the negotiations between the two parties, the share price of Suzlon has also risen by more than 25%.

But the latest news shows that in addition to Vestas, Brookfield, a renewable energy investor from Canada, intends to win a majority stake in the largest wind turbine in India.

According to foreign media reports, the troubled Suzlon failed to pay a $172 million outstanding bond, which was originally scheduled to be repaid on Tuesday.

Suzlon also issued a notice on the same day adding that “it is seeking a “comprehensive solution” for its debt and continues to discuss its outstanding debt (including bonds) with various stakeholders”.

On the same day, Suzlon shares fell more than 4%.

The company reported in May this year that the debt at the end of the 2019 fiscal year was 11 billion rupees, and the total loss for 12 months was 1.537 billion rupees (to 195 million euros).