Press release · 27 January 2026
₹15,000 crore SAF memorandum signed with the Government of Maharashtra.
Sankla Renewables has entered into a memorandum of understanding with the Government of Maharashtra to develop a ₹15,000 crore Sustainable Aviation Fuel manufacturing project at Chalisgaon, Jalgaon district, Maharashtra.
The memorandum was formalised at the World Economic Forum in Davos, Switzerland, reinforcing Maharashtra's positioning as a destination for large-scale, transition-aligned industrial investment.
The proposed facility will convert agricultural residue — including sugarcane bagasse, cotton stalks, soybean husk and pigeon pea waste — into aviation-grade sustainable fuel using internationally certified conversion technologies. Chalisgaon was selected on the strength of its feedstock catchment and logistics position. The project is structured for phased commissioning through 2029, enabling capital-efficient deployment and risk-managed scale-up.
The initiative is expected to support over 3,000 direct and indirect jobs. Beyond emissions reduction, it is designed to create a formal market for agricultural residue in the surrounding districts, with long-term procurement contracts giving farming households an income stream for material that is frequently burned today. Structured skill development programmes are planned with local institutions.
The project supports national objectives on energy security, import substitution and aviation decarbonisation, while contributing to state-level industrial growth priorities.
Media enquiries: media@sanklarenewables.com
In the media
Independent coverage.
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₹15,000 crore Sustainable Aviation Fuel investment announced in Maharashtra
The Realty Today ↗ -
₹15,000 crore to be invested in Sustainable Aviation Fuel
Realty+ ↗ -
₹15,000 crore SAF project to be developed in Maharashtra
ChiniMandi ↗ -
MoU signed with Maharashtra for ₹15,000 crore SAF project
BioEnergy Times ↗ -
₹15K crore aviation fuel project to launch in Maharashtra
Construction Week ↗ -
SAF manufacturing project announced in Maharashtra
Biltrax Media ↗
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