Name | Tulsi Tanti |
Net Worth | $5.7 billion |
Date Of Birth: | February 2, 1958 |
Place Of Birth: | Rajkot, India |
Children: | Nidhi Tanti, Pranav Tanti |
Organization founded:: | Suzlon |
Siblings: | Vinod R. Tanti, Girish Tanti, Jitendra Tanti |
Age: | 64 years old |
Tulsi Tanti Died
Renowned businessman Tulsi Tanti died of cardiac arrest. He is survived by two children. He died a few hours after his last press conference in Gujarat.
Tulsi Tanti, founder, chairman and managing director and one of the key promoters of Suzlon Group and Suzlon Energy Limited, passed away due to cardiac arrest. Tulsi Tanti chaired the Renewable Energy Council of the Confederation of Indian Industry (CII) to guide India’s green energy strategies. The 64-year-old businessman from Rajkot, Gujarat is survived by his sons Nidhi Tanti and Pranav Tanti. Tulsi Tanti used to run her business in Ahmedabad and was based in Pune since 2004.
“On October 1, 2022, one of the founders, chairman and managing directors and promoters of Suzlon Energy Limited, Tulsi R. It is with great sadness that we inform you of Tanti’s untimely demise. It was informed that Shri Tulsi Tanti suffered from cardiac arrest and died on the same day. “He suffered a heart attack soon after landing in Pune and died the same day,” said a source in the development.
It can be said that the death of Tulsi Tanti is a big setback for Suzlan Group and Suzlon Energy Limited. He held a media conference in Ahmedabad on Saturday to announce the inauguration of the company’s rights issue worth Rs 1,200 crore on October 11.
“Suzlon Energy plans to repay its debt and use the funds to reduce its interest liabilities, meet working capital requirements & allocate the remaining funds for corporate requirements,” Tulsi Tanti told the media. This is his last press conference.
Also, he spoke about India’s clean energy commitments and spoke about the importance of reducing India’s dependence on energy imports. “It is the right time to do business in the renewable energy segment. We are just 2 decades early,” quipped Tulsi Tanti while interacting with the media just hours before her demise.
Tulsi Tanti, one of the pioneers of the wind energy business in India and a globally renowned expert in clean energy, saw an opportunity in the Indian renewable energy industry in 1995. At this time the global wind energy market was dominated only at the international level.
Under the leadership of Tulsi Tanti, Suzlon Energy is now the country’s largest wind power mart with a cumulative installed wind power capacity of 19.4 Giga Watt (GW) i.e. 33% market share in India and a presence in 17 countries.
Tulsi Tanti is the President of the Indian Wind Turbine Manufacturers Association (IWTMA) and a member of the Board of Trustees of TERI University, Delhi.