Suzlon Energy Establishes New Executive Council; Former Ambuja Cements MD Ajay Kapur Named Group CEO

Key Takeaways

Suzlon has appointed Ajay Kapur as Group CEO, effective February 24, 2026, as part of its plan to diversify into full-stack renewable energy solutions.
The company formed a Group Executive Council to guide long-term priorities and support strategic initiatives, with J P Chalasani elevated to this council.
Suzlon aims to achieve 100% renewable energy in its manufacturing by 2030 and has significantly reduced emissions in the last fiscal year.

Leadership Changes and Strategic Vision

Suzlon Energy Limited has announced the establishment of a Group Executive Council (GEC) and appointed Ajay Kapur as Group Chief Executive Officer, effective February 24, 2026. This leadership restructuring is integral to Suzlon’s “Suzlon 2.0” vision, which aims to transition the company from a wind energy provider to a comprehensive renewable energy solutions provider, encompassing solar, battery energy storage systems (BESS), and emerging technologies.

The GEC will serve as a strategic body to outline medium- and long-term priorities, while an Executive Management Council under Ajay Kapur will oversee business transformation and growth. This change signifies the company’s commitment to structured succession and long-term value creation. Alongside Kapur’s appointment, J P Chalasani has been elevated to the GEC and will continue as a Key Managerial Personnel (KMP), reporting directly to the Chairman and Managing Director.

Ajay Kapur brings over 36 years of diverse experience in sectors such as cement, construction, power, and heavy metals. He holds an economics degree and an MBA from K. J. Somaiya Institute of Management, in addition to being an alumnus of The Wharton School. Prior to joining Suzlon, Kapur served as Managing Director at Ambuja Cements, an Adani Group company.

Girish Tanti, Executive Vice Chairman of Suzlon, commented on the pivotal moment for the company, saying, “As global energy markets re-calibrate amid rising demand, Suzlon recognizes the vast opportunities and responsibilities ahead.” He emphasized the importance of Kapur’s appointment and Chalasani’s elevation for driving operational excellence and growth. Tanti expressed optimism regarding the new team and its ability to navigate the expanding renewable energy landscape.

Chalasani highlighted that the GEC will focus on shaping the strategic vision, setting enterprise priorities, and optimizing capital allocation across both existing and emerging sectors. He conveyed enthusiasm about collaborating with Kapur, citing his proven ability to drive operational discipline and sustainable growth.

Kapur also shared his vision for Suzlon, stating that it stands at a crucial juncture in defining future energy needs. He expressed excitement about the company’s legacy and the chance to enhance sustainable growth and operational excellence, with a commitment to creating long-term value for stakeholders.

In addition to leadership changes, Suzlon reaffirmed its dedication to environmental, social, and governance (ESG) initiatives. It became the first Indian energy company to join the Climate Group’s RE100 initiative, pledging to use 100% renewable energy in its manufacturing by 2030 and to electrify its vehicle fleet by 2035. In the last fiscal year, Suzlon reported an impressive 88.51% reduction in scope 1 and 2 emission intensity, achieved over 90% zero waste to landfill, and consistently increased renewable energy consumption while minimizing resource intensity across various metrics.

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