February 15, 2007

Suzlon to play safe on REpower
February 15, 2007 10:51 IST
Armed with a counter offer, country's largest wind energy company Suzlon Energy is confident to acquire the German firm REpower but will refrain from getting into a bidding war if that hurts the interest of its shareholders.
Tulsi Tanti, chairman and managing director of Suzlon Energy, told Business Standard, "If the bidding becomes unviable, we will have to withdraw. But we are confident of winning the bid."