ABSTRACT

India's largest power company, National Thermal Power Corporation (NTPC), was set up in 1975 to accelerate power development in India. NTPC is emerging as a diversified power major with presence in the entire value chain of the power generation business. The Suzlon Group headquartered at Suzlon One Earth in Pune, India comprises Suzlon Energy Ltd and its subsidiaries, including REpower Systems SE, a leader in offshore wind technology. Suzlons strategy of expansion has been through inorganic growth. Inorganic growth is synonymous with growth that is fuelled through mergers and acquisitions. The organisation is exploring domestic as well as international borrowing options including overseas development assistance provided by bilateral agencies to mobilise the debt required for the planned capacity expansion programme. Environmental concerns underpin the company's growth strategy as the company strives to achieve a low carbon future.