Suzlon names Ajay Kapur group CEO as it expands beyond wind energy

Suzlon has appointed Ajay Kapur as group chief executive officer and created a new Group Executive Council (GEC) as it seeks to reposition itself from a wind energy specialist to a broader renewable energy conglomerate.

The Pune-headquartered company said the leadership overhaul aligns with its “Suzlon 2.0” vision, which aims to diversify its portfolio across wind, solar, battery energy storage systems (BESS) and emerging clean technologies.

The new governance structure is designed to separate strategic oversight from operational execution. The Group Executive Council will steer long- and medium-term strategy, while an Executive Management Council led by Kapur will drive day-to-day transformation and scaling.

Kapur brings more than 36 years of experience across infrastructure, construction, power and heavy industries. He previously served as managing director of Ambuja Cements, part of the Adani Group, and has held chief executive roles in listed companies. At Suzlon, he will report to chairman and managing director Vinod Tanti.

Girish Tanti, executive vice chairman of Suzlon Group, said the restructuring reflects the company’s ambition to capture growth in a rapidly evolving energy market. He described the move beyond wind energy as central to unlocking long-term value and operational excellence.

Alongside Kapur’s appointment, J P Chalasani has been elevated to the Group Executive Council. He will continue to play a strategic advisory role, focusing on partnerships, mentoring senior leadership and incubating new business opportunities. Chalasani remains a key managerial personnel and will report to the chairman and managing director.

Suzlon’s pivot comes amid accelerating global demand for renewable energy solutions.

The company has installed approximately 21.5 GW of wind capacity across 17 countries and employs more than 8,500 people. It has in-house research and development centres in Germany, the Netherlands, Denmark and India.

Under the Suzlon 2.0 strategy, the company intends to move towards integrated renewable offerings, combining generation, storage and diversified business models to serve customers seeking end-to-end solutions.

Suzlon has also emphasised its environmental credentials. It joined the Climate Group’s RE100 initiative, committing to adopt 100% renewable energy across its manufacturing operations by 2030. The company reported an 88.5% reduction in emission intensity across Scope 1 and Scope 2 emissions in the 2024–25 financial year and said it achieved over 90% zero waste to landfill.

Kapur said the company’s ambition to contribute at scale to the global energy transition was a defining opportunity. He added that the focus would be on sustainable growth, operational discipline and long-term stakeholder value.

The leadership changes signal Suzlon’s intent to compete not only as a turbine manufacturer but as a diversified clean energy platform. Execution of the strategy, particularly in solar, storage and new technology segments — will determine how effectively the company translates its vision into growth in an increasingly competitive renewable energy market.