24 February 2026 (Tuesday)
Corporate Updates

Suzlon Energy Ushers in New Era with Major Leadership Overhaul and Appointment of Veteran CEO Ajay Kapur

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Suzlon Energy Limited, a longstanding name in India’s renewable energy sector, has announced a significant leadership restructuring aimed at accelerating its transformation under the “Suzlon 2.0” vision. Effective 24 February 2026, the company appointed Ajay Kapur as Group Chief Executive Officer (Group CEO) and elevated J.P. Chalasani to the newly formed Group Executive Council (GEC) part of a broader strategy to diversify beyond wind power into a comprehensive renewable energy solutions provider. The changes also include the appointment of Girish Vanvari as an Independent Director, reinforcing governance strength.

 

Author : Aashiya Jain | EQmint | Corporate Updates

 

A Brief Introduction to Suzlon Energy

Suzlon Energy Limited has been a major player in India’s renewable energy sector for more than 20 years. Founded in 1995, the company made its name through wind turbine manufacturing and services. That helped India add a lot of wind capacity to its power mix.

 

Over time, Suzlon installed millions of kilowatts of wind energy capacity. It expanded its reach across both domestic and international markets. Now as global energy needs change, Suzlon is moving toward a bigger role in renewable energy solutions. That includes solar, battery energy storage systems (BESS), and other emerging technologies.solutions that includes solar, battery energy storage systems (BESS), and emerging technologies.

 

Strategic Leadership Restructure: What Changed

On 24 February 2026, Suzlon’s Board of Directors approved a comprehensive leadership overhaul designed to better position the company for long-term growth and strategic execution. The restructuring reflects the company’s intent to move beyond traditional wind energy offerings and embrace a more diversified renewable energy portfolio.

 

Appointment of Ajay Kapur as Group CEO

At the center of this transformation is the appointment of Ajay Kapur as Group Chief Executive Officer, effective immediately. Kapur is a seasoned industry leader with over 36 years of experience spanning infrastructure, construction, power, and heavy industries. Most recently, he served as Managing Director of Ambuja Cements Limited a prominent role within the Adani Group where he built a reputation for driving operational excellence and scaling large-scale businesses. He holds an economics degree, an MBA from K.J. Somaiya Institute of Management, and is an alumnus of The Wharton School, University of Pennsylvania. At Suzlon, Kapur will report to Chairman & Managing Director Vinod Tanti and lead the execution of strategy across the group.

 

Kapur’s appointment underscores Suzlon’s focus on scaling operations, enhancing profitability, and steering a broader renewable energy transition especially as the company seeks to expand into solar and integrated energy solutions. With his background in building and transforming businesses, he brings leadership depth at a pivotal moment in the company’s evolution.

 

Elevation of J.P. Chalasani

As part of the leadership changes, J.P. Chalasani previously serving in top management roles has been elevated to the Group Executive Council (GEC), a strategic body responsible for setting medium and long term priorities, shaping portfolio strategy, and strengthening stakeholder partnerships. Chalasani will continue reporting to the Chairman & Managing Director and work closely with him and the Executive Vice Chairman to drive enterprise-wide initiatives.

 

Appointment of Independent Director

To reinforce corporate governance practices, Suzlon also appointed Girish Vanvari as an Independent Director for a five-year term. Vanvari’s addition enhances board oversight and brings additional expertise to support strategic decision-making as the company pursues diversified growth.

 

Suzlon 2.0 Vision: Looking Beyond Wind

The leadership restructuring is closely aligned with Suzlon’s Suzlon 2.0 vision a roadmap aiming to transform the company into a full stack renewable energy solutions provider, rather than being focused solely on wind energy. This involves expanding into:

 

  • Solar energy projects
  • Battery Energy Storage Systems (BESS)
  • Emerging clean energy technologies
  • Integrated energy solutions for utilities and corporate clients
  • Energy transition services that encompass build, operate, and maintain models

The creation of the Group Executive Council and Executive Management Council, led by the Group CEO, establishes a framework that supports strategic oversight as well as operational leadership a dual approach designed to handle both big-picture planning and day-to-day execution.

 

What This Means for Suzlon’s Future

Suzlon’s move to strengthen leadership comes at a time when the renewable energy market is changing fast. With more demand for clean power and diverse energy options the company is shifting toward a wider renewable portfolio which could open new growth paths. Bringing in a leader with a solid track record in operational transformation and scaling businesses Suzlon aims to build momentum and create long-term shareholder value.

 

Industry watchers say this strategic realignment especially putting experienced executives in key roles shows confidence in Suzlon’s ability to handle a more competitive market and take advantage of the global energy transition. The focus on governance and structured leadership also signals a commitment to transparency and strong decision making as the company moves into this next phase. And with the energy sector evolving so quickly that kind of leadership depth could make all the difference.

 

Conclusion: A New Chapter Begins

For Suzlon Energy, the leadership overhaul marks not just a change of faces but a shift in strategic direction. By appointing Ajay Kapur as Group CEO and strengthening its executive framework, the company is gearing up for a broader role in the renewable energy ecosystem one that goes beyond its historical wind energy roots. With a mix of experienced leadership, a structured growth agenda, and a forward-looking vision, Suzlon appears poised to tackle the next frontier of renewable infrastructure and solutions, both in India and on the global stage.

 

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