Suzlon appoints new group CEO

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12 April 2016, Nuclear, Solar, Wind

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Chairman Tanti said, "I am delighted that JP Chalasani is joining the Suzlon family as Group CEO. He has deep and rich experience highly relevant to us and the power sector. He is a mechanical engineer who is widely acclaimed for his project management and people leadership skills.

"He started his career with public sector enterprise - NTPC and grew up the ranks over the years. After taking up the lead role in Reliance Power, he transformed the company to become the largest market cap entity in the private sector, he also led the work to transition BSES from being a power distribution company to a leading infrastructure business company. JP Chalasani is known to focus on improving operations, enhancing and simplifying processes, and leveraging both HR and Finance to position companies for strong and sustainable growth to create value for stakeholders."

JP Chalasani said, "I have always watched Suzlon closely. I believe the business fundamentals to be strong and that the company, at its core, is a compelling and credible business operation.

Suzlon is well positioned to tap the current growth of RE sector and I see lot of opportunities for the company in India and globally. I am excited to be joining at what is clearly an important time for the company, and to build on the first class foundations, Tulsibhai and his team have worked so hard to secure."

Source: MarketLine

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