Tulsi Tanti

The management said that the main objective of the rights issue was essentially to pare debt so that Suzlon Energy can get over its past of huge debt.

Suzlon may announce new CMD this week ahead of rights issue: Sources 

Suzlon had a leadership meeting on October 4, which was attended by senior executives holding key positions across global operations.

Tulsi Tanti single-handedly created wind industry in India, ReNew Power's Sumant Sinha remembers

Sinha, who served as the chief operating officer of Suzlon Energy in 2008-2010, says Tanti was very supportive when he started his own company. A lot of renewable energy industry veterans have cut their teeth at Suzlon

Suzlon Energy: Rights issue will help firm get over its past of huge debt, says CFO

Promoter group has expressed their intention to subscribe to the full extent of their rights entitlement, CFO Himanshu Mody said.

Tulsi Tanti's loss drags Suzlon Energy down, despite rights issue assurance

Promoters and the promoter group have re-confirmed their participation in the proposed rights issue, the company said

Suzlon Energy's rights issue on track after chairman Tulsi Tanti's demise

Suzlon Energy's rights issue will open from 11-20 October and record date for the purpose of determining the equity shareholders entitled to receive the rights entitlement in the rights issue is October 4

Tulsi Tanti: The wind whisperer who battled storms

Coming from modest beginnings, the pioneer of India’s wind energy sector had managed weather both fair and foul. His untimely demise may have cut short his life, but not his story, which is up there.

Industry pays rich tributes to India's 'wind man' Tulsi Tanti

Tulsi Tanti, who ushered in wind energy revolution in India much before renewable energy became fashionable when he founded Suzlon Energy in 1995, died on October 1. He was 64

Suzlon Energy Founder and Chairman Tulsi Tanti passes away

"Shri Tanti suffered a cardiac arrest and passed away on October 1," the company said in a statement.

Budget 2017: Here's what industy experts have to say

Since Government‘s emphasis on defence preparedness has been the Central theme, we would have been happy if some incentives by way of tax exemption or deferment on loan payments would have been announced for domestic industry.

Aim for 15,000 MW capacity in next five years: Suzlon

Speaking to CNBC-TV18 on the sidelines of the World Economic Forum in Davos Tulsi Tanti, Founder of Suzlon Energy, said the renewables space is vastly growing.

Suzlon achieves 10 GW installed wind energy milestone in India

Wind turbine maker Suzlon Group today said that it has achieved 10,000 megawatt (MW) cumulative wind energy installations in India.

Planning to add 1500 megawatt in next 3 years: Tulsi Tanti

Wind turbine maker Suzlon Energy plans to add to 1,500 megawatt of power capacity. Out of this 1,500 megawatt, 500 megawatt will be wind and solar, the hybrid solution.

India to add 4,300 MW wind power capacity in 2016-17: Tanti

"India is a very promising and demanding market. It is set to grow by 30 percent annually. In 2016-17, the country will add about 4,300 MW of wind power," Tanti told reporters here.

Renewable power tariff below Rs 5 to impact viability: Tanti

The founder of India's leading wind turbine maker said there is some reluctance from banks to finance projects as there are fears that lower tariffs can lead to payment delays.

Suzlon Group plans to set up 3000 MW plant in Telangana

The development came during a meeting between Telangana Panchayat Raj and IT Minister K T Rama Rao and Sulzon CMD Tulsi Tanti in Mumbai, a state government release stated here.

Budget 2016: Expect to turn profitable by end of FY16, says Suzlon's Tanti

Tanti forecasts a growth of 30% for the Indian wind sector, but he says Suzlon is going to do better than that.

Make-in-India Day 3: More expansions, investments announced

On the third day of the ‘Make in India‘ week Coal Minister Piyush Goyal told CNBC-TV18's Kritika Saxena that the government would be opening up the process of auction of linkages soon

Aim to be end-to-end solution provider for solar: Tulsi Tanti

The orderbook for the wind projects currently stands at 1200 megawatt (MegaWatt), with another 1000 MW in the pipeline, said Tulsi Tanti, Chairman, Suzlon Group.

Open offer to acquire 26% stake in Suzlon draws poor response

Shanghvi-controlled entities along with Tulsi Tanti and other promoters of Suzlon had made the open offer to the shareholders for purchasing more than 157.64 crore shares.

Dilip Shanghvi to make open offer to buy 26% Suzlon stake

The offer, that would begin on December 28 and close on January 8, 2016, comes after Shanghvi decided to acquire 23 percent stake in Suzlon with an equity investment of Rs 1,800 crore. The deal was announced earlier this year.

Suzlon bags 105 MW turnkey contracts from SMEs, PSUs

"Suzlon has been awarded orders for a combined capacity of 105 MW from a mix of SME and PSU customers, on turnkey basis, in this quarter," the company said in a statement. Under the contracts, Suzlon will install a total of 50 turbines of 2.1 MW product platform in the key windy states, it said.

Suzlon surges 18% on stellar Q1, net profit at Rs 1047 cr

The company's total income was 2,627.71 crore in first quarter compared to Rs 4,671.99 crore year-on-year.

Suzlon posts Q1 net profit of Rs 1,047 cr

The company's total income was 2,627.71 crore in the quarter ended on June 30, 2015, compared to Rs 4,671.99 crore in the year ago period.

Suzlon Group installs 10,000th wind turbine generator

"This milestone reinforces the confidence our customers have in Suzlon and also in its products and project execution capabilities. We will continuously work at reducing the cost of energy by about 15 percent by 2020 and heavily invest in R&D and innovation," Tulsi Tanti, Chairman, Suzlon Group said in the statement.