Suzlon looks to buy all of REpower
"We are working toward it," Robin Banerjee said at the Reuters India Investment Summit in Mumbai, adding that Suzlon had no plans to sell a stake in REpower.
Media had earlier said that Suzlon might sell up to 25 percent in REpower for $500 million.
Suzlon Energy, which holds 91 percent of REpower, is the world's third-largest wind turbine maker behind Denmark's Vestas and Spain's Gamesa.
Banerjee said Suzlon would like to grow its revenue from China by 40 to 50 percent, driven by strong demand for renewable energy.
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Criminals posing as Toronto Hydro are sending out fraudulent messages
TORONTO - Toronto Hydro has sent out a notice that criminals posing as Toronto Hydro are sending out fraudulent texts, letters and emails.
The warning comes in a tweet, along with suggestions on how to protect yourself from fraud.
According to Toronto Hydro, fraudsters are contacting people by phone, text, email, fake electricity bills, and even travelling door-to-door.
They threaten to disconnect the power unless an immediate payment is made. The website states that in some cases, criminals request payment via pre-paid credit card or bitcoin.
It’s written on the website that Toronto Hydro does not accept these methods of payment, and they do…