Suzlon has formed a Group Executive Council and appointed a new group chief executive as part of its plan to expand from a wind energy provider into a full-stack renewable energy business.
The company said the new architecture will steer long-term and medium-term growth and support diversification across wind, solar, BESS, emerging technologies and new business models.
It added that an Executive Management Council led by the group CEO will drive business transformation and sustainable growth.
J P Chalasani has been elevated to the Group Executive Council, where he will work with senior leadership on strategic initiatives, stakeholder partnerships and new business development while continuing as a key managerial personnel reporting to the chairman and managing director.
Ajay Kapur (pictured) has been appointed group chief executive officer to lead the next phase of scale and transformation.
Girish Tanti, executive vice chairman of Suzlon Group, said: “Suzlon is at a phenomenal juncture today as we embark on the next chapter of our growth. As global energy markets are reinventing and re-calibrating in the face of exponential demand, Suzlon recognizes the immense opportunity as well as responsibility this put on us as a leading player of this sector. We have recently outlined our intent to move beyond wind to a full-stack renewable energy solutions company, thereby unlocking value. The new structure, J P Chalasani’s elevation, and Ajay’s appointment as Group CEO, are key elements of this transition, which will allow us to give focussed attention to both strategic direction as well as scale-up and management excellence. Ajay’s expertise in building, scaling, and transforming businesses with strong financial performance is just what we need at this stage. I welcome him to the Suzlon family and look forward to exciting times ahead.”
J P Chalasani, member of the Group Executive Council, added: “Working with Suzlon has been most gratifying as we built a solid-sector leading company. As part of the GEC, I will work even more closely with the Chairman & Managing Director and Executive Vice Chairman in shaping and driving the key strategic vision. The GEC will also set enterprise-wide priorities, shape portfolio strategy, and allocate capital across existing and emerging businesses. Ajay has a stellar track record for driving operational discipline and sustainable growth in his earlier roles, and I am looking forward to working with him. I am confident that with this new organizational structure and leadership expansion, we are best positioned to leverage the growing renewable energy opportunity in India and overseas.”
Ajay Kapur, chief executive officer of Suzlon Group, said: “At a time when the world is defining its energy needs and preferences, Suzlon’s vision for the future is extremely inspiring. As one of the world’s most experienced renewable energy companies, Suzlon has a strong legacy and track record. I am both excited and honoured as I look forward to building on this foundation to drive sustainable growth, operational excellence, and long-term value creation for all our stakeholders. The opportunity to contribute to the world’s energy transition at scale is both a responsibility and a privilege.”