Tulsi Tanti, the founder and chairman of wind turbine manufacturer Suzlon Energy Ltd, died. He was 64.
Tulsi Tanti, the founder and chairman of wind turbine manufacturer Suzlon Energy Ltd, died. He was 64. He was born in Gujarat and went to college to study commerce and mechanical engineering. Tanti founded Suzlon in 1995 and has been a driving force in the growth of the Indian wind energy sector by advocating for affordable and sustainable energy policies.
Mr. Tulsi Tanti is the Chairman and Managing Director of the company.
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Suzlon Organization
Mr. Tulsi Tanti's vision and strategic acumen have transformed Suzlon and transformed it into a global powerhouse in the energy sector since its inception in 1995. Mr. Tanti, a world-renowned renewable energy expert, believes in the creation of sustainable businesses and a sustainable world through energy independence and security.
According to a UNEP profile note, Tanti started a textile business and invested in two wind turbines in 1990 due to insufficient power supply in his area, and he was named one of its "Champions of the Earth" in 2009.
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Tulsi Tanti Facts:
In 2007, Time magazine named him a "Hero of the Environment."
Tanti also served as the president of the Indian Wind Turbine Manufacturers Association.
The Pune-based company has a market capitalization of $1.1 billion and more than 19.4 GW of installed capacity across 17 countries.
Suzlon was India's largest convertible-note defaulter at one point in 2012, as policy obstacles hampered demand for the company's wind turbines.
Following a loss in the same period last year, the company reported a net profit in the April-June quarter. Over the last year, the stock has increased by about 28%.
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