I was discussing suzlon with one of my fathers friend and he said that in my above analysis there were few points missing which are as follows:

Additional points:

1. The amt by which debt reduces, enterprise value increases by 2-3 times in next 2-3 years. Debt has been reduced by nearly 10k cr in last 3 years
2. Debt conversion to equity at Rs 71/share by some lenders (even with 75% haircut, it come to nearly Rs 18/share) I NEED TO VERIFY THIS
3. Wind reverse auctioning scrapped as on 10 jan’23 (big plus. Back to pre 2017 days) big positive
4. Govt auctioning n plg 8GW/yr over next 7-8 years.

• previous highest was 5.5 gw commissioned in fy 2016-17

5. Wind repowering worth Rs 40k cr in pipeline
6. Suppliers of suzlon have bought stake
7. CEO ashwini kumar (harvard business school mba)has great experience in renewable
8. Left over Debt refinanced by specialists REC n PFC

One last thing there is a new thread please read that it will help you understand the potential of AMC business.

Inox Green – O&M Spin off by @ganeshrpl