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India’s Suzlon Energy founder Tulsi Tanti dies

Tulsi Tanti, chairman of Suzlon Energy, speaks during a news conference in the western Indian city of Ahmedabad January 10, 2015. REUTERS/Amit Dave/File Photo

MUMBAI, Oct 2 – Tulsi Tanti, the founder and chairman of Indian wind turbine maker Suzlon Energy Ltd (SUZL.NS), died on Saturday aged 64, the company said in a statement.

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Tanti, who was also the chairman of the Indian Wind Turbine Manufacturers Association, suffered a cardiac arrest and passed away the same day, the company said. He is survived by his two children.

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Indian Prime Minister Narendra Modi in a tweet said Tanti “was a pioneering business leader who contributed to India’s economic progress and strengthened our nation’s efforts to further sustainable development.”

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Tanti established Suzlon in 1995 and led growth in the Indian wind energy sector by championing affordable and sustainable energy policies. The company has a market capitalization of $1.1 billion with installed capacity of more than 19.4 GW across 17 countries.

In India, Suzlon is a market leader with over 100 wind farms and an installed capacity of over 13.45 GW.

Reporting by Rupam Jain; editing by Richard Pullin

Our Standards: The Thomson Reuters Trust Principles.

REUTERS

OCT 2, 2022

https://www.reuters.com/world/india/indias-suzlon-energy-founder-tulsi-tanti-dies-2022-10-02/

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