Tulsi Tanti

Tanti spearheaded the wind revolution in India founding Suzlon Energy in 1995.

Instituting a new business model, he conceptualised the end-to-end solution to create realistic avenues for businesses to ‘Go Green’ and thus emerged as a strategic partner in developing sustainable businesses. Tanti suffered a cardiac arrest and passed away the same day,” Suzlon said in a statement. But he found the business rough due to unavailability of power.

Suzlon Energy founder Tulsi Tanti, popularly known as India's 'wind man', died of cardiac arrest at 64 on Saturday. Tanti, who owned a textile business in ...

The company shall comply with all its reporting requirements formally in this respect in due course," the renewable energy company stated. As per regulation 31 A of the Listing Regulations, the list of the promoters and the promoter group of the company stands updated with the exclusion of Shri Tanti. Later, in 2001, he sold off the textile business.

His death comes at a time when Suzlon Energy has just announced opening of its Rs 1200 crore rights issue.

[Suzlon Energy](/topic/suzlon-energy) announced opening of its Rs 1,200 crore rights issue on October 11, 2022. [ Business Standard App ](https://www.business-standard.com/apps) for latest [Business News](https://www.business-standard.com/) and [ Market News ](https://www.business-standard.com/markets). "Per Regulation 31A of the Listing Regulations, the list of the promoters and the promoter group of the Company stands updated with exclusion of Shri Tanti." [Suzlon Energy](/topic/suzlon-energy) Limited on 1st October 2022. [Wind energy has huge potential in India, to cost less by 2026: GWEC](/article/economy-policy/wind-energy-has-huge-potential-in-india-to-cost-less-by-2026-gwec-122083001400_1.html) [JSW Energy unit to buy Mytrah Energy's renewable assets for Rs 10,530 cr](/article/companies/jsw-energy-unit-to-buy-mytrah-energy-s-renewable-assets-for-rs-10-530-cr-122081000434_1.html) [It's time to rewrite the war playbook](/article/opinion/it-s-time-to-rewrite-the-war-playbook-122082700015_1.html) [India Inc's green push gets a fillip with amended Energy Conservation Bill](/article/companies/india-inc-s-green-push-gets-a-fillip-with-energy-conservation-bill-122080401362_1.html) [Hyderabad- based Greenko to offer energy storage through a cloud platform](/article/companies/hyderabad-based-greenko-to-offer-energy-storage-through-a-cloud-platform-122071800642_1.html) [Suzlon Energy](/topic/suzlon-energy) Ltd Founder and Chairman Tulsi Tanti passed away on the night of October 1 following a cardiac arrest, the company said in a BSE filing. [CLICK HERE FOR MORE](/company/suzlon-energy-ltd-13872.html)

Suzlon Energy's Founder, Chairman and Managing Director Tulsi R Tanti passed away on 1 October 2022. He suffered a heart attack and passed away soon after.

Tulsi Tanti Passes Away: 2001 में, उन्होंने कपड़ा व्यवसाय को बेच दिया. 2003 में, सुजलॉन को ...

Tulsi Tanti Death : तुलसी तांती ने कुछ दिन पहले ही अहमदाबाद में सुजलॉन एनर्जी के 12000 करोड़ ...

एनर्जी सेक्टर की दिग्गज कंपनी सुजलॉन एनर्जी के फाउंडर तुलसी तांती का निधन हो गया है।

Tusli Tanti Passes Away सुजलॉन एनर्जी (Suzlon Energy) के फाउंडर तुलसी तांती (Tulsi Tanti) का शनिवार रात को ...

Tusli Tanti Passes Away: सुजलॉन एनर्जी (Suzlon Energy) के फाउंडर तुलसी तांती (Tulsi Tanti) का शनिवार रात को हार्ट अटैक के चलते निधन हो गया। उन्होंने 64 साल की उम्र में अंतिम सांस ली। तुलसी तांती को भारत में विंडमैन (Wind Man) के नाम से जाना जाता था। उनके परिवार में बेटी निधि और बेटा प्रणव हैं। बता दें कि 1995 में सुजलॉन एनर्जी की स्थापना के साथ तांती ने भारत में विंड एनर्जी सेक्टर की अगुवाई की। तुलसी तांती का साल 1995 में कपड़े का व्यवसाय था। हालांकि, बिजली की किल्लत के चलते उन्हें उत्पादन में कमी का सामना करना पड़ रहा था। यहीं से उन्हें विंड एनर्जी का आइडिया आया और उन्होंने कंपनी की ऊर्जा जरूरतों को पूरा करने के लिए पवन ऊर्जा उत्पादन में कदम रखते हुए सुजलॉन एनर्जी की स्थापना की। 2001 में उन्होंने कपड़ा व्यवसाय को बेच दिया। सुजलॉन एनर्जी (Suzlon Energy) के फाउंडर तुलसी तांती (Tulsi Tanti) का शनिवार रात को हार्ट अटैक के चलते निधन हो गया। उन्होंने 64 साल की उम्र में अंतिम सांस ली। तुलसी तांती को भारत में विंडमैन (Wind Man) के नाम से जाना जाता था। उनके परिवार में बेटी निधि और बेटा प्रणव हैं।

One of the early pioneers of the power of renewables in India was Tulsi Tanti who founded Suzlon, a name that immediately brings to mind wind turbines and the massive potential in the clean energy sector. Tanti passed away at the age of 64 due to a cardiac ...

He was such a visionary and a pioneer of our industry. Tanti was optimistic about the power of renewables in changing lives. He had a 70% shareholding in the company at that time and the market valuation was Rs 13,850 crore. In 2008, the company hit a valuation of Rs 65,474 crore with Tanti's stake worth Rs 43,547 crore. He was the poster boy of India's wind energy boom and his ascent was driven by acquisitions at a rapid clip. The ambition to be the market leader in the wind energy space culminated in Suzlon capturing 50 per cent of the market in India.

The company confirmed the development in an exchange filing, while adding the list of promoters and the promoter group of the company stands updated.

The company currently has over 100 wind farms and an installed capacity of around 13,450 MW and caters to private and public power utilities and electricity producers. The company shall comply with all its reporting requirements formally in this respect in due course.” Tulsi R Tanti, the founder, chairman and managing director and promoter of Suzlon Energy passed away due to cardiac arrest on October 1.

Tulsi Tanti : सुजलॉन एनर्जी ग्रुप के चेयरमैन तुलसी तांती का निधन हो गया है.

प्रधानमंत्री नरेंद्र मोदी ने बिजनेस लीडर तुलसी तांती के निधन पर शोक व्यक्त किया है. सुजलॉन एनर्जी ग्रुप के चेयरमैन तुलसी तांती के निधन की खबर आ रही है. उनका शनिवार को 64 साल की उम्र में कार्डियक अरेस्ट से निधन हो गया.

Tulsi Tanti, the founder, chairman and managing director of Suzlon Energy, one of India's leading wind component manufacturers and operations & maintenance ...

N Chandrasekaran's game is to consolidate further](https://www.businesstoday.in/latest/corporate/story/tata-steel-merger-is-just-the-beginning-n-chandrasekarans-game-is-to-consolidate-further-348267-2022-09-27?utm_source=recengine&utm_medium=web&referral=yes&utm_content=footerstrip-5&t_source=recengine&t_medium=web&t_content=footerstrip-5&t_psl=False) [Tata Steel merger is just the beginning! This is especially required for larger turbines of 3 MW capacity or the offshore wind turbines," Tanti had told Business Today during an industry event in April. [Tulsi Tanti death: Suzlon needs a lot of wind to keep going](https://www.businesstoday.in/latest/corporate/story/tulsi-tanti-death-suzlon-needs-a-lot-of-wind-to-keep-going-348769-2022-10-02) Most of this potential exists in seven windy states of Gujarat, Rajasthan, Maharashtra, Tamil Nadu, Madhya Pradesh, Karnataka and Andhra Pradesh. In July, a government committee had recommended shelving of e-reverse bidding for such projects following complaints that unhealthy competition had resulted in unviable tariffs.

Tulsi Tanti set up Suzlon in 1995 and spearheaded growth in the Indian wind energy sector by championing affordable and sustainable energy policies.

Shares have jumped about 28 per cent over the past year. “Shri Tulsi Tanti was a pioneering business leader who contributed to India’s economic progress and strengthened our nation’s efforts to further sustainable development,” Modi tweeted. [Tulsi Tanti](https://www.hindustantimes.com/world/india-s-wind-man-tulsi-tanti-honoured/story-sXmQN5YDV3HhTQHrkb4lPO.html), founder and chairman of wind turbine maker [Suzlon](https://www.hindustantimes.com/business/dilip-shanghvi-to-buy-equity-worth-rs-1-800-crore-in-suzlon-energy/story-iE9pQiiM9fKndmtiZasfEO.html) Energy Ltd., died of cardiac arrest on Saturday. >Tanti set up Suzlon in 1995 and spearheaded growth in the Indian wind energy sector by championing affordable and sustainable energy policies. >India’s installed renewable energy capacity stood at 161 GW in June, and the contribution of wind energy was over 25 per cent of the capacity, Tanti said in the report. Tulsi Tanti set up Suzlon in 1995 and spearheaded growth in the Indian wind energy sector by championing affordable and sustainable energy policies.

Tulsi Tanti Passed Away 64 वर्षीय तुलसी तांती का अहमदाबाद से पुणे जाते समय कार्डिक अरेस्ट के कारण ...

[RBI Report:अगले वित्त वर्ष तक मिल जाएगी महंगाई से राहत, जनवरी दिखने लगेगा असर; लेकिन पूरी होनी चाहिए ये शर्तें](https://www.jagran.com/business/biz-inflation-may-fall-to-5-2-pc-next-fiscal-on-normal-rains-ease-in-supplies-sans-no-exogenous-shocks-23113862.html) [Share Market में गिरावट से निवेशकों को हुआ बड़ा नुकसान, 10 में से 7 कंपनियों का मूल्यांकन 1.16 लाख करोड़ घटा](/business/biz-seven-of-top10-firms-lose-rs-1-16-lakh-cr-in-market-cap-reliance-worst-hit-23113716.html) [यह भी पढ़ें](/business/biz-seven-of-top10-firms-lose-rs-1-16-lakh-cr-in-market-cap-reliance-worst-hit-23113716.html) [शेयर बाजार में गिरावट से घबराए विदेशी निवेशक, सितंबर में की हजारों करोड़ की बिकवाली](https://www.jagran.com/business/biz-fpis-turn-net-sellers-again-withdraw-rs-7600-cr-from-equities-in-september-23113777.html) [यह भी पढ़ें](/business/biz-rbi-repo-rate-hike-effect-on-common-man-increase-emi-23113652.html) [FPI Data September: शेयर बाजार में गिरावट से घबराए विदेशी निवेशक, सितंबर में की हजारों करोड़ की बिकवाली](/business/biz-fpis-turn-net-sellers-again-withdraw-rs-7600-cr-from-equities-in-september-23113777.html) [यह भी पढ़ें](/business/biz-fpis-turn-net-sellers-again-withdraw-rs-7600-cr-from-equities-in-september-23113777.html) तुलसी तांती को भारतीय विंड एनर्जी सेक्टर का जनक माना जाता है, उन्होंने 1995 में सुजलॉन एनर्जी की स्थापना की थी। उन्होंने ऐसे समय पर विंड एनर्जी कंपनी की स्थापना की थी, जब अंतरराष्ट्रीय कंपनियों का बाजार में दबदबा था। तांती के नेतृत्व में सुजलॉन एनर्जी ने भारत के साथ दुनिया में विंड एनर्जी सेक्टर में बड़ा नाम स्थापित किया। इस कारण उन्हें भारत का 'विंड मैन' भी कहा जाता था।

One of the pioneers of the wind energy business in India and a globally renowned expert on clean energy, Tanti envisioned the opportunity in the renewable ...

“He was the one who got me into the renewable energy industry, and made it more interesting through the sheer force of his personality. He was widely known as the visionary who pioneered the renewables revolution in India. He was such a visionary and a pioneer of our industry. He asked the driver to take him to a hospital but died before getting any medical help. Shri Tanti suffered a cardiac arrest and passed away the same day,” the company said in a stock exchange filing. Before foraying into wind energy, Tanti owned a textile business which he sold in 2001.

भारत के 'विंड मैन' के नाम से मशहूर सुजलॉन एनर्जी के संस्थापक तुलसी तांती का शनिवार को 64 ...

Prime Minister Narendra Modi offered tribute to Suzlon Energy founder and CMD Tulsi Tanti after the industry veteran passed away at the age of 64 due to ...

Condolences to his family and friends. My condolences to his family members and friends. The US-India Business Council also paid a tribute to the departed business leader and wrote, “We are deeply saddened to know of the demise of our member Mr Tulsi Tanti, Chairman of Suzlon. He played a significant role in the progress and development of our country. Minister of Road Transport and Highways Nitin Gadkari tweeted, “Deeply saddened by the passing away of business leader Shri Tulsi Tanti ji. Prime Minister Modi hailed Tanti as a “pioneering business leader” and backed the latter’s contributions towards India’s economic progress and sustainable development.

“Now I will only go up and not look back,” Tulsi Tanti told a confidante, who, like Tanti, is also a doyen of the wind industry, adding that all Tanti's ...

Now, the company is raising ₹1,200 crore, which is expected to be subscribed, notwithstanding, the passing away of Tanti—because the company has reported a good performance in Q1, with net profit of ₹2,433 crore compared with net loss of ₹166 crore in FY22. RePower had about 300 Euros of free cash; the idea was to use the money to repay the Indian debt. The company’s top brass has been telling the Press that Tanti’s passing away would not affect the fortunes of the company and would not affect the rights issue that is to open soon—but what else can they say?

I ndia's wind energy pioneer, Tulsi Tanti, chairman and managing director of Suzlon Energy, died on Saturday at age 64. The one-time billionaire suffered a ...

From Mumbai, I track the wealth of India's richest and also oversee the Asian... The Tantis dropped out from the ranks of India’s richest in 2012. By 2007, Tanti and his brothers were collectively worth $10 billion and Suzlon was the world’s most valuable maker of wind turbines. Being a first mover in wind, Suzlon was able to steady itself as the country set ambitious renewable energy targets. Today, the Tantis own roughly 15%. India’s wind energy pioneer, Tulsi Tanti, chairman and managing director of Suzlon Energy, died on Saturday at age 64.

Tanti had made his fortune by investing in wind energy projects in the mid-90s when renewable energy was not in fashion.

"Tanti was a gifted visionary, who proved that India could be a global player in the wind energy space. “India transitioned from a fossil-fuel country to a renewable-energy nation — thanks to the contribution of ‘Tulsibhai’. He also championed the cause of affordable and sustainable energy, said Suzlon insiders. Thus, he emerged as a strategic partner in developing sustainable businesses. In 1995, Tanti started a wind power venture and later listed Suzlon. Suzlon acquired Senvion Energy in Germany for euro 1.4 billion in 2007.

Suzlon Energy founder Tulsi Tanti, popularly known as India's 'wind man', died of cardiac arrest at 64 on Saturday evening, the company said.

New Delhi: Suzlon Energy founder Tulsi Tanti, popularly known as India's 'wind man', died of cardiac arrest at 64 on Saturday evening, the company said. It has over 2 GW installed capacity in its second largest market, the US. Suzlon Energy founder Tulsi Tanti, popularly known as India's 'wind man', died of cardiac arrest at 64 on Saturday evening, the company said.

Tulsi Tanti, 64, who was also the chairman of the Indian Wind Turbine Manufacturers Association, was on his way to Pune from Ahmedabad when he suffered a ...

In a regulatory filing, the company said, “With profound sadness, we inform you of the untimely demise of Tulsi R.Tanti, the Founder, the Chairman & Managing Director, and one of the promoters of Suzlon Energy Limited… Tanti suffered a cardiac arrest and passed away the same day.” In this difficult time, the company continues to be supported by its highly experienced board of directors and senior management who are both able and committed to take Tanti’s legacy forward and realise his vision for the firm, it added. Condolences to his family and friends.

Just before suffering a cardiac arrest, Tulsi Tanti had addressed the media announcing Suzlon Energy's ₹1200 crore rights issue. Tanti said the proceeds ...

He also won recognition as ‘Hero of the Environment’ by TIME Magazine in 2007, among others. [I've had the new iPhone 14 for 2 weeks. Tanti, the Founder, the chairman and managing director, and one of the promoters of Suzlon Energy Limited on 1st October 2022. At the time, the renewable energy space was dominated by international players which offered expensive and complicated technologies. It opens on October 11. The company has its presence in 17 countries around the world, including R&D centres in Germany, Netherlands, Denmark, among others. “With profound sadness, we inform you of the untimely demise of Tulsi R. Tanti was amongst the first in the industry to enter the renewable energy space. Advertisement Tanti was also the chairman of Indian Wind Turbine Manufacturers Association, and was awarded ‘Champion of the Earth’ by the United Nations Environment Programme in 2009. With the renewable energy industry taking off now – Adani and Ambani, India’s richest men, have committed billions of dollars to it – Tanti quipped that the time is now right, and that Suzlon entered the business two decades early. - He was known as one of the pioneers of renewable energy in India and bagged recognition from the United Nations, apart from others.

On his way back home from the Pune airport, Tanti felt uneasy in his car and died even before he could be taken to the hospital. He is survived by his wife ...

He took Suzlon public in October 2005, listing the company at Rs 510 per share and held a 70% shareholding in the company. Most of his family members were not in the city and flew in on Sunday. Tanti, whose pioneering efforts in wind energy earned him the moniker ‘the wind man of India’ was in Ahmedabad on Saturday, attending a series of meetings on his company’s forthcoming Rs 1,200 rights issue on October 11.

Tanti founded Suzlon Energy Ltd in 1995, kickstarting the wind revolution in the country at a time when the global wind energy market was dominated by ...

According to Gajera, Tanti was “among the visionaries of his time and an entrepreneur in the true sense”. I have worked in the wind sector for the past 22 years and have seen Mr Tanti’s passion for wind that helped India’s success in the wind domain. “This was a great loss,” he said. While solar is hogging the headlines today, wind and Suzlon were trailblazers originally. Director of Pune-based Deepak Nitrite Limited Ajay Mehta, who knew Tanti well, said he was “a man of his word”. Recently, Mr Tanti, as chairman of IWTMA (Indian Wind Turbine Manufacturers Association), was closely working with the Ministry on certain interventions to accelerate the wind power capacities in India. On October 19, 2005, Suzlon Energy, in which Tanti held 70 per cent, was listed at a 35 per cent premium valuing the company at Rs 13,850 crore. Condolences to his family and friends. At Vadodara, it had a blade testing centre which was part of its R&D activities. According to Suzlon, “The business was not in the best of health, mainly due to high operating costs caused by expensive electricity and the frequent power outages. He was in Ahmedabad on September 30 to attend meetings for Suzlon Energy’s Rs 1,200-crore rights issue. Tanti was immediately taken to a local hospital, but passed away late Saturday night.

On the day of his demise, Tanti expressed optimism on debts being reduced, policy push, market tailwind for future growth.

In fact, in 2019, despite the turnaround after the capital infusion from Shanghvi, the company almost went to the verge of bankruptcy in 2019, and Shanghvi had the threat of a near-off in his investments. After months of negotiations, the lenders finally okayed Suzlon’s request for restructuring in July 2020 between the company and lenders when they took a haircut of over 65 per cent of their exposure. Back in 1991, he spotted the solution in wind energy and invested in wind turbines, which led to formation of Suzlon Energy in 1995. That was his commitment to the sector and his business,” said Anil Kane, a veteran wind energy expert and once associate of Tanti on Suzlon Board. Over the past decade, the company had to undergo four rounds of debt restructuring, refinancing, and resolutions to retire debts and stay afloat- first in 2010, then in 2012, 2016 when Sun Pharma’s Dilip Shanghvi rescued Tanti by taking 23 per cent stake in Suzlon for ₹1,800 crore and finally, in 2020. For the Indian renewable market, Tanti came from nowhere and got the country introduced to the highly-complex and specialised technology of wind energy and brought it to its glory.

Tanti, 64, was on his way to Pune from Ahmedabad when he suffered a cardiac arrest, a company official said.

He envisioned the opportunity in the Indian renewable energy industry at a time when the global wind energy market was dominated by international players and characterized by expensive and complicated technologies that were largely unviable for traditional businesses. In a regulatory filing, the company said, “With profound sadness, we inform you of the untimely demise of Tulsi R Tanti, the founder, chairman & managing director, and one of the promoters of Suzlon Energy Limited on October 1, 2022. Suzlon Energy Ltd founder, chairman and managing director Tulsi Tanti passed away on the night of October 1, following a cardiac arrest.

New Delhi– Tulsi R.Tanti, the Founder, the Chairman & Managing Director, and one of the promoters of Suzlon Energy passed away on October 1, 2022.

A world-renowned expert on renewable energy, Tanti believed in creating sustainable businesses and a sustainable world through energy independence and security. Tulsi Tanti’s vision and strategic acumen has transformed Suzlon and made it a global powerhouse in the energy sector. Tanti suffered a cardiac arrest and passed away the same day.

तांती ने 1987 में अपने भाइयों के साथ मिलकर सूरत में टेक्सटाइल्स की कंपनी शुरू की थी।

Suzlon Energy Share Price तुलसी तांती (Tulsi Tanti) के निधन के बाद सोमवार को सुजलॉन एनर्जी (Suzlon Energy) के ...

[PayU ने कैंसिल किया BillDesk का अधिग्रहण, खटाई में पड़ी 4.7 अरब डॉलर की डील](https://www.jagran.com/business/biz-payu-cancels-acquisition-of-billdesk-23116110.html) [Manufacturing PMI लगातार 15वें महीने 50 के ऊपर, दुनिया में मंदी की आशंका के बीच अच्छा प्रदर्शन कर रहा भारत](https://www.jagran.com/business/biz-sp-global-manufacturing-activities-ease-in-septemeber-remain-in-good-shape-amid-cooling-price-pressures-23116035.html) [यह भी पढ़ें](/business/biz-india-has-a-100-lakh-crore-rupee-plan-one-stop-solution-plan-to-snatch-factories-from-china-23115941.html) नई दिल्ली, बिजनेस डेस्क। भारत की बड़ी विंड एनर्जी कंपनी सुजलॉन एनर्जी का शेयर सोमवार को करीब 14 प्रतिशत तक गिर गया। शेयर की कीमत में ठीक कंपनी के संस्थापक तुलसी तांती की मृत्यु के बाद कमी आई है। कल रविवार को सुजलॉन एनर्जी ने बताया था कि कंपनी के एमडी तांती की अहमदाबाद से पुणे जाते समय कार्डियक अरेस्ट के कारण मृत्यु हो गई थी। Suzlon Energy Share Price तुलसी तांती (Tulsi Tanti) के निधन के बाद सोमवार को सुजलॉन एनर्जी (Suzlon Energy) के शेयर की कीमत में बड़ी गिरावट हुई है। तुलसी तांती का निधन बीते शनिवार को कार्डियक अरेस्ट के कारण हुआ था।

The passing away of the company's founder, chairman and managing director Tulsi Tanti on October 1 evening due to cardiac arrest is likely to affect trading ...

Five rights equity shares will be issued for every 21 fully paid-up equity shares held by the eligible shareholders of the company. The number of outstanding equity shares will increase from 1007,30,87,083 to 1247,30,87,083 after the issue (assuming full subscription). As of Q1FY23-end, net debt of the company stood at Rs 2,774 crore. If there was anything that our CMD taught us it was resilience, the will to fight back and the strength to stand up tall in our worst times.” He founded Suzlon Energy in 1995 and the company's current market capitalisation stands at Rs 8,763.59 crore. The shares of the company will also trade ex-rights today.