Suzlon Energy, the world’s third-largest wind turbine maker, is taking steps to build up its cash position and is weighing up whether to divest more assets to repair its balance sheet as it weathers the effects of the global financial crisis.

Tulsi Tanti, founder and chief executive officer of Suzlon Energy, said he would renegotiate loans with Indian banks as the company, which was one of the most ambitious Indian acquirers of recent years, ran out of liquidity to support green technology projects.