Correct Answer : October 1, 2022
Tulsi Tanti, 64, founder and chairman of wind energy major Suzlon Energy, passed away on Saturday(1st Oct 2022) evening in Pune due to a cardiac arrest.
Tanti, whose pioneering efforts in wind energy earned him the moniker ‘the wind man of India’ was in Ahmedabad on Saturday(1st Oct 2022), attending a series of meetings on his company’s forthcoming Rs 1,200 rights issue on October 11.
On his way back home from the Pune airport, Tanti felt uneasy in his car and died even before he could be taken to the hospital. He is survived by his wife Gita, son Pranav and daughter Nidhi. Most of his family members were not in the city and flew in on Sunday(2nd Oct 2022).
“With profound sadness, we inform you of the untimely demise of Tulsi R Tanti, the founder, chairman and managing director, and one of the promoters of Suzlon Energy Ltd on October 1, 2022. Shri Tanti suffered a cardiac arrest and passed away the same day,” Suzlon Energy said in a regulatory filing.
Tanti, who hailed from Rajkot, Gujarat and studied commerce at Gujarat University, started his entrepreneurial journey as a textile trader, later diversifying into renewable energy after unavailability of power hit his textile business.
He became the poster boy of India’s wind energy sector making a fortune in the mid-1990s by investing in wind energy projects, capturing 50% of the market in India and being counted among the top wind turbine manufacturers globally.
He took Suzlon public in October 2005, listing the company at Rs 510 per share and held a 70% shareholding in the company..
Source : Economic Times
