Sankla Buildcoon, through its clean-energy arm Sankla Renewables, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop a Rs. 15,000 crore Sustainable Aviation Fuel (SAF) manufacturing facility in Chalisgaon, Jalgaon District.
The MoU was formalized at the World Economic Forum in Davos, Switzerland, highlighting Maharashtra’s appeal as a destination for large-scale, transition-aligned industrial investments. The initiative marks the Group’s strategic move from real estate-focused value creation to long-duration, infrastructure-grade clean energy assets.
The proposed SAF plant will convert agricultural residues, such as sugarcane bagasse, cotton stalks, soybean husk, and pigeon pea waste, into aviation-grade sustainable fuel using internationally certified conversion technologies.
Chalisgaon was chosen for its strategic advantages, and the project is planned for phased commissioning through 2029, allowing capital-efficient deployment and risk-managed scaling.
Sahil Sankla, Director of Sankla Buildcoon, said, “This investment represents a deliberate shift toward sustainability-driven growth. Over the past 25 years, we have delivered high-quality real assets to more than 15,000 customers. Through Sankla Renewables, we are now applying that execution discipline to clean energy infrastructure that balances commercial returns with global climate and energy priorities. Sustainable Aviation Fuel is a structurally growing market, and we believe this platform can become a cornerstone of India’s energy transition.”
Sankla Renewables, is the first of the Sankla Buildcoon’s commitment in the sustainable development scape. The group will extend its core competencies—capital discipline, project execution, and stakeholder management—into clean energy and sustainability-driven infrastructure, with a focus on scalable platforms and long-term value creation.
