Suzlon Energy has long been synonymous with the wind-swept horizons of India’s renewable landscape. For three decades, the Pune-headquartered firm has navigated the turbulent gusts of the energy market, emerging as a singular powerhouse from the Global South. Now, the company is signaling a definitive departure from its identity as a pure-play wind turbine manufacturer. With the appointment of Ajay Kapur as Group Chief Executive Officer, Suzlon is officially entering its 2.0 era, a strategic pivot designed to transform the organization into a full-stack, multi-technology renewable energy conglomerate.
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The transition, effective February 24, 2026, introduces a sophisticated governance framework. The newly formed Group Executive Council will now oversee strategic direction and capital allocation. This allows the Executive Management Council, under the leadership of Kapur, to focus exclusively on operational scaling and business transformation. By separating long-term vision from day-to-day execution, the company intends to maintain the agility required to compete in a market that is rapidly shifting toward integrated, 24/7 green power solutions.
Ajay Kapur enters the fold with a formidable reputation for driving operational discipline and financial stability. His previous tenure as Managing Director of Ambuja Cements, an Adani Group company, provided him with more than 36 years of experience across heavy industries, infrastructure, and power. His background is particularly relevant as Suzlon moves beyond manufacturing hardware to managing complex, large-scale infrastructure projects. The board has identified Kapur’s expertise in scaling businesses with strong financial performance as the critical catalyst needed for this next chapter.
Parallel to this appointment, the company has elevated J.P. Chalasani to the Group Executive Council. Chalasani, a veteran in the sector, will move into a strategic advisory role where he will focus on cultivating partnerships, mentoring senior leadership, and incubating new business opportunities. This restructuring ensures leadership continuity while injecting the organization with the fresh operational perspective required to manage a diversified portfolio that now includes solar energy and battery energy storage systems.
The Suzlon 2.0 vision is a direct response to the evolving needs of the global energy transition. Industrial and commercial clients are no longer seeking standalone turbines; they are demanding reliable, round-the-clock electricity. To meet this, Suzlon is expanding into the hybrid renewable market, estimated to be worth billions. This expansion includes the launch of DevCo, a standalone project development vertical, and the digitalization of its operations and maintenance services into a performance-led platform. By integrating wind, solar, and storage, the company aims to reduce project execution timelines from the industry standard of two years down to approximately 18 months.
Executive Vice Chairman Girish Tanti has underscored that while wind remains the core optimization driver, the company must embrace a broader clean energy ecosystem to unlock long-term value. This includes a commitment to the RE100 and EV100 initiatives, with a goal to power all manufacturing facilities with renewable energy by 2030 and electrify its entire vehicle fleet by 2035.
As the world’s energy preferences recalibrate, Suzlon is positioning itself at the center of the transition. The leadership overhaul is more than a change in personnel; it is an architectural redesign of a pioneer. By broadening its technological scope and strengthening its executive bench, Suzlon is preparing to deliver the scale and reliability necessary to fuel the next generation of global economic growth.
