Suzlon Elevates JP Chalasani, Appoints Ajay Kapur as Group CEO

Pune-based wind energy company Suzlon has elevated serving CEO J P Chalasani to the newly formulated Group Executive Council (GEC) while appointing Ajay Kapur as the new Group Chief Executive Officer (CEO).

In a press release, Suzlon said that Chalasani, in his new role, will help transform the business from a wind energy solutions provider into a full-stack renewable energy solutions conglomerate. The appointment of Ajay Kapur as Group CEO, who brings over 36 years of experience, will drive the Group’s transformation and scale the organisation for its next phase of growth.

In recognition of the significant opportunities within the emerging renewable energy landscape, Suzlon recently unveiled its business transformation and expansion intent under its Suzlon 2.0 vision. Under this bold vision, Suzlon plans to diversify its portfolio across wind, solar, BESS, new and emerging technologies, and diversified business models to offer integrated solutions to its customers. The company has now formed a new leadership and organisational architecture in support of this vision.

Under this new architecture, the Group Executive Council will operate as a strategic body established to steer the Group’s long-term and medium-term growth agenda. An Executive Management Council, led by Chalasani, has also been formed to drive impactful transformation and the sustainable growth of the Group’s businesses. This transition reflects the Group’s focus on structured succession and long-term value creation, while ensuring continuity in leadership and strategic direction.

Suzlon's Plans To Diversify Portfolio Across Wind, Solar, BESS & New Technologies

Suzlon clarified that under the latest appointment, JP Chalasani, as a member of the GEC, will work closely with the Chairman & Managing Director and the Executive Vice Chairman in shaping and driving key strategic initiatives across the Group.

He will continue to play a pivotal role in mentoring senior leadership through his deep sectoral knowledge and insights, maintaining long-term strategic partnerships with key stakeholders, and incubating and operationalising new business opportunities. Chalasani will continue to be designated as a Key Managerial Personnel (KMP) and will report to the Chairman & Managing Director.

Ajay Kapur, who has been appointed as Group CEO, will drive the Group’s transformation, scale its businesses, and build the organisation for its next phase of growth.

With over 36 years of experience, he brings significant independent leadership experience, including more than a decade as CEO of large, listed entities across infrastructure, construction, power, and heavy metals. Kapur has been instrumental in building companies with strong growth, operational excellence, and financial stability. His last position was Managing Director of Ambuja Cements Limited, an Adani Group company. At Suzlon, Kapur will report to the Chairman & Managing Director, Vinod Tanti.

Leadership View

On the latest appointment, Girish Tanti, Executive Vice Chairman, 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."

Tanti added, "The new structure, JP 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.”

JP Chalasani, Member Group Executive Council, Suzlon Group, 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, 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.”