Suzlon Energy CMD Tulsi Tanti passes away – Tulsi R Tanti, the founder, chairman and managing director and one of the key promoters of Suzlon Group and Suzlon Energy Limited, passed away due to cardiac arrest on October 1. He also served as the chairman of the Renewable Energy Council of the Confederation of Indian Industry (CII) to provide direction to India’s green energy strategies.
- Tanti announced the opening of the company’s rights issue worth INR 1200 crore on October 11.
- He pointed out the importance of reducing India’s energy import dependence.
- Suzlon energy is now the country’s one of the largest wind energy players that have 19.4 gigawatts of cumulative installed wind energy capacity with a 33 per cent market share in India and a presence in 17 countries under Tanti’s leadership.
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