Suzlon names Ajay Kapur Group CEO, elevates J P Chalasani to new council

Suzlon appoints Ajay Kapur as Group CEO and elevates J P Chalasani to its new Group Executive Council as the firm pursues its Suzlon 2.0 strategy to become a full-stack renewable energy provider

Wind turbine maker Suzlon on Tuesday announced the elevation of J P Chalasani to the newly formed Group Executive Council (GEC) and the appointment of Ajay Kapur as the new Group CEO. This leadership rejig is meant to transform the wind energy solutions provider into a full-stack renewable energy solutions conglomerate, the company said. 

Recognising the significant opportunities that the emerging renewable energy landscape presents, Suzlon recently unveiled its expansion intent with a new Suzlon 2.0 vision. It plans to diversify its portfolio across wind, solar, battery energy storage systems (BESS) and other emerging technologies. 

The GEC will be a strategic body established to steer the group’s long-term and medium-term growth agenda, the company said. 

 

As part of the GEC, Chalasani will work closely with the chairman and managing director and executive vice-chairman, and maintain long-term strategic partnerships with key stakeholders, as well as incubate and operationalise new business opportunities. 

The company has also formed an Executive Management Council led by the Group CEO to lead growth of the group’s businesses. With over 36 years of experience, Ajay Kapur will scale its businesses and build the organisation for its next phase of growth.

 

He has previously served as the CEO of large, listed entities across infrastructure, construction, power and heavy metals industries. He was earlier the managing director of Ambuja Cements, an Adani Group company, since 2022. He has also served as the CEO of the aluminium and power business at Vedanta Resources.

 

At Suzlon, Kapur will report to the chairman and managing director, Vinod Tanti.

 

Girish Tanti, executive vice-chairman, Suzlon Group, said, “We have recently outlined our intent to move beyond wind to a full-stack renewable energy solutions company.” The new structure will allow the company to give focused attention to both strategic direction as well as scale-up and management excellence, he added.

 

J P Chalasani, member, Group Executive Council, Suzlon Group, said, “GEC will also set enterprise-wide priorities, shape portfolio strategy and allocate capital across existing and emerging businesses.”

 

The Suzlon Group has around 21.5 GW of wind energy capacity installed across 17 countries, with 15.5 GW of capacity in India.