The lenders of Suzlon Energy Limited (BSE:532667) are demanding it to either sell REpower Systems SE or raise INR 50 billion. Two people familiar with the development said that the lenders will agree to lower interest rates and extend the tenure of the loans to ease pressure on Suzlon Energy's finances only if the wind power equipment maker sheds some assets. A spokesman of Suzlon Energy said, "The company is in negotiations with its lenders on the CDR issue.

We have also been on record in recent weeks stating, without ambiguity, that REpower is 'the jewel in our crown' and it is by definition a critical asset and, therefore, not for sale. Our position has not changed."