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Home » Finance » Contractors’ association locks Suzlon Energy’s offices in Rajasthan, demands payment

Contractors’ association locks Suzlon Energy’s offices in Rajasthan, demands payment

According to reports, the contractors’ association of Jaisalmer on Thursday locked Suzlon Energy Ltd.’s three main offices after taking out the employees. The association’s action followed alleged non-payment for their work by the company.

According to the association’s spokesperson Upendra Singh Rathore, Suzlon owes them Rs 43 crore. “Therefore we locked the office. If the company does not pay us soon we will take to the roads and if law and order situation is affected then it will be the company’s responsibility.”

 Sources said that the wind energy companies’ plight stemmed from the fact that the state electricity board of the government has not paid approximately Rs 1,000 crore for energy produced by winds mills and solar energy units for the last few months. As such these companies have started facing economic crisis.

In this regard New India Wind Power Association has submitted a memorandum to the chief minister saying that payment of Rs 1,000 crore is due. The companies are also disappointed by the new directions of the state government asking these companies to deposit Rs 1 lakh per MW as security.

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