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Tulsi Tanti
Tulsi Tanti (2 February 1958 – 1 October 2022) was an Indian businessman best known for being the founder and chairman-cum-managing director of Suzlon. He was known as the ''Wind man of India'' (or India's 'Wind Man') and was the president of the Indian Wind Turbine Manufacturers Association apart from being the chairman of ZF Wind Power Antwerpen ZF Wind Power Antwerpen is a business unit of ZF Friedrichshafen, that designs, manufactures and supplies wind turbine gearboxes. History The company was founded in 1923 in Antwerp under the name La Mécanique Générale (LMG). The company so ..., the Belgium-based manufacturer of wind turbine gearboxes since May 2006. Tanti was acknowledged as one of the two richest energy entrepreneurs in the world in 2006, and Suzlon was the largest wind power company in the world by market capitalization. He was in the eighth place in the India's Global Wealth Club List but also made it to the Forbes' list of Billionaire Blowups of 2008. An ...
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Suzlon
Suzlon Energy Limited (NSE:SUZLONEQ, BSE:532667) is an Indian multinational wind turbine manufacturer based in Pune, India. It was formerly ranked by MAKE as the world's fifth largest wind turbine supplier.Source: MAKE Report: Global Wind Turbine OEM 2013 Market Share. History In 1995, founder Tulsi Tanti was managing a 20-employee textile company. Due to the erratic availability of power locally, and its rising costs, the highest business expenditure after the raw materials was electricity. The cost of electricity also offset any profits made by the company. After providing electricity for his own company, Tanti moved into wind energy production as a way to secure the textile company's energy needs, and founded Suzlon Energy. Suzlon adopted a business model wherein clients would be responsible for 25% of the up-front capital investment and Suzlon would arrange the remaining 75% on loan. Initially, banks were hesitant to fund loans for this model, but by 2008, many Indian ban ...
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ZF Wind Power Antwerpen
ZF Wind Power Antwerpen is a business unit of ZF Friedrichshafen, that designs, manufactures and supplies wind turbine gearboxes. History The company was founded in 1923 in Antwerp under the name La Mécanique Générale (LMG). The company soon focused on the manufacturing of specialized transmission units, under engineer David Hansen. In 1939 the company moved to Edegem, to ensure there was sufficient room for future expansions. In 1950, Hansen founded the subsidiary Machinery & Gear Hansen (MGH). LMG and MGH merged in 1966, and in 1972 it was renamed to Hansen Transmissions International (HTI). From 1979, the company increasingly focused on the supply of gearboxes to the growing wind energy generation sector. After a series of takeovers in the period after 1966, Hansen Transmissions was acquired on March 17, 2006 by Suzlon Energy through its subsidiary, AE-Rotor Holding BV, for €465 million in cash from Allianz Capital Partners and Apax Partners. The transaction was the s ...
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1958 Births
Events January * January 1 – The European Economic Community (EEC) comes into being. * January 3 – The West Indies Federation is formed. * January 4 ** Edmund Hillary's Commonwealth Trans-Antarctic Expedition completes the third overland journey to the South Pole, the first to use powered vehicles. ** Sputnik 1 (launched on October 4, 1957) falls to Earth from its orbit, and burns up. * January 13 – Battle of Edchera: The Moroccan Army of Liberation ambushes a Spanish patrol. * January 27 – A Soviet-American executive agreement on cultural, educational and scientific exchanges, also known as the "Lacy-Zarubin Agreement, Lacy–Zarubin Agreement", is signed in Washington, D.C. * January 31 – The first successful American satellite, Explorer 1, is launched into orbit. February * February 1 – Egypt and Syria unite, to form the United Arab Republic. * February 6 – Seven Manchester United F.C., Manchester United footballers are among the 21 people killed i ...
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2022 Deaths
The following notable deaths occurred in 2022. Names are reported under the date of death, in alphabetical order. A typical entry reports information in the following sequence: * Name, age, country of citizenship at birth, subsequent nationality (if applicable), what subject was noted for, cause of death (if known), and reference. December 25 * Chalapathi Rao, 78, Indian actor and producer, heart attack. (death announced on this date) 24 *Vittorio Adorni, 85, Italian road racing cyclist. *Cotton Davidson, 91, American football player ( Baltimore Colts, Dallas Texans, Oakland Raiders). (death announced on this date) *Franco Frattini, 65, Italian politician and magistrate, twice minister of foreign affairs, twice of public administration, European commissioner for justice (2004–2008), cancer. *Madosini, 78, South African musician. *Barry Round, 72, Australian footballer (Sydney, Footscray, Williamstown), organ failure. *Royal Applause, 29, British Thoroughbred racehorse ...
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