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Tulsi Tanti on Suzlon, life, and business

August 1, 2008

Your investment in China has been done through a private route rather than through Suzlon?

Well, we have picked up a minority stake of 26 per cent in Honiton Energy. That is a family initiative and it's an investment.

Suzlon's business model is different -- it builds and transfers, it doesn't invest. RePower already has orders for 150 mw in China and Suzlon has 600 mw. So, it's not as though we're ignoring the Chinese market. Incidentally, Honiton is already a customer of RePower.

What is your order book like?

We have orders worth around Rs 16,000 crore (Rs 160 billion) excluding Hansen and RePower. RePower has orders for about Euro 1.5 billion.

Are your children planning to join you?

My son, Pranav, and my daughter, Nidhi, are graduates and are working in the financial services industry. They may want to pursue higher studies.

Since I never joined my father's business, I have left it to them to decide what they want to do. Perhaps, they can help me with my acquisitions at some point. You spend six months of the year overseas. Are you planning to become an NRI (Non-Resident Indian)?

Not really. I travel a lot, but there's no need to become an NRI just yet.

Image: Wind turbines at Suzlon's facility in Maharashtra. | Photograph, courtesy: Suzlon Energy

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