Indian wind turbine manufacturer Suzlon has managed to keep its head above water, completing its debt restructure after years of speculation that the company could fall victim to the continuous wave of consolidation in the sector. But as European OEM’s pour into the country to make use of its low labor costs, finding a way back to profit may be a step too far for such an under-resourced supplier. This debt restructuring success comes after Suzlon managed to satisfy the range of conditions set out by lenders, including a $52 million capital infusion. Through the agreement, the turbine maker claims that its debt level has been reduced alongside the associated interest, now 9% over 10 years, with immediate effect. Chairman…