Tulsi Tanti turned into the founding father of Suzlon Energy, and changed into one of the pioneers of the wind strength business in India and also a globally famend expert on clean energy
Suzlon Energy founder Tulsi Tanti, popularly called India’s ‘wind guy’, died of cardiac arrest at 64 on Saturday night, the organisation stated.
One of the pioneers of the wind energy commercial enterprise in India and a globally famend expert on smooth electricity, Tanti expected the possibility inside the renewable energy industry back in 1995 whilst the worldwide wind strength Marketplace become ruled by means of international players.
Under his leadership, Suzlon Energy grew to grow to be the us of a’s biggest wind power player with 19.Four gigawatt (GW) of cumulative installed potential, 33 in keeping with cent marketplace proportion in India and a presence in 17 international locations. It has over 2 GW installed ability in its 2d largest market, the United States.
“With profound sadness, we let you know of the premature demise of Shri Tulsi R Tanti, the Founder, the Chairman and Managing Director, and one of the promoters of Suzlon Energy Ltd on October 1, 2022. Shri Tanti suffered a cardiac arrest and surpassed away the same day,” the corporation said in a inventory alternate filing.
Before foraying into wind power, Tanti owned a fabric Enterprise which he sold in 2001. Suzlon were given its first order within the US in 2003 from DanMar & Associates for supply of 24 generators in southwestern Minnesota.
“In this difficult time, the company continues to be supported through its fantastically experienced board of directors and senior control who are both in a position and devoted to taking Shri Tanti’s legacy ahead and recognize his imaginative and prescient for the corporation,” the company said.
Prime Minister Narendra Modi too condoled his dying.
“Shri Tulsi Tanti turned into a pioneering commercial enterprise leader who contributed to India’s financial progress and reinforced our kingdom’s efforts to further sustainable development. Pained through his untimely death.
Condolences to his circle of relatives and friends. Om Shanti,” he tweeted.
Tanti complained of chest pain in his car in Pune after coming back from a press conference in Ahmedabad. He asked the driving force to take him to a hospital but died earlier than getting any clinical assist.
He is survived by means of his spouse Gita, son Pranav, and daughter Nidhi.
Born in 1958 in Rajkot, Tanti graduated from Gujarat University with a bachelor’s diploma in trade. He based Suzlon Energy, now valued at Rs eight,535.Nine crore, in 1995.
He became also the chairman of Belgium-based totally turbine parts maker ZF Wind Power Antwerpen for the reason that May 10, 2006 and the president of the Indian Wind Turbine Manufacturers Association.
Commerce and Industry Minister Piyush Goyal stated: “Saddened by the untimely dying of commercial enterprise chief & Founder of Suzlon Energy, Tulsi Tanti. Having spearheaded the wind revolution in India, he contributed immensely to the renewable energy zone & to India’s financial development. Deepest condolences to his family & friends.”
Saddened by using the premature loss of life of enterprise chief & Founder of Suzlon Energy, Tulsi Tanti.
Having spearheaded the wind revolution in India, he contributed immensely to the renewable energy region & to India’s monetary progress.
Deepest condolences to his circle of relatives & buddies.
— Piyush Goyal (@PiyushGoyal) October 2, 2022
Sumant Sinha, founder and CEO of ReNew Power, took to Twitter to condole his death.
“Very saddened to hear approximately the passing away of Tulsi Tanti. He was the sort of visionary and a pioneer of our enterprise. Many folks owe a lot to him. Truly a loss for each person. Deepest condolences to the complete @Suzlon family.”
“He became the one who got me into the renewable energy enterprise, and made it more thrilling through the sheer pressure of his character. He was genuinely certainly one of a kind,” he introduced.
He changed into the only who were given me into the renewable power industry, and made it greater thrilling via the sheer force of his character. He was in reality considered one of a type https://t.Co/csRF3enUeg
— Sumant Sinha (@sumant_sinha) October 2, 2022
Tanti’s dying comes at a time while Suzlon Energy was set to open its Rs 1,200 crore rights difficulty on October 11.
The organization was looking to repay debt, fund working capital and set up the rest for standard company functions.
He was broadly referred to as the visionary who pioneered the renewables revolution in India. He spearheaded the wind power revolution in India with the founding of Suzlon Energy in 1995.
He estimated the possibility within the Indian renewable energy industry at a time whilst the worldwide wind electricity market turned into ruled by means of global players and characterized by luxurious and complicated technologies that had been in large part unviable for traditional agencies.
Instituting a new business version, he conceptualised an quit-to-give up method to create realistic avenues for agencies to ‘Go Green’ and thus emerged as a strategic companion in growing sustainable corporations.
Under Tanti’s leadership, Suzlon emerged as a outstanding participant inside the global renewable energy marketplace.
His vision caused Suzlon putting in place R&D centres in Germany, the Netherlands, Denmark and India that rent over two hundred engineers.