Who we are
A platform, not a project company.
Sankla Renewables is the clean-energy and green infrastructure arm of Sankla Buildcoon, a real estate developer that has been building in Pune and across Maharashtra since 1992. The platform was created to take the group's core competencies — capital discipline, project execution and stakeholder management — into assets with thirty-year lives rather than three-year ones.
Its first undertaking is substantial: a ₹15,000 crore Sustainable Aviation Fuel manufacturing project at Chalisgaon in Jalgaon district, formalised through a memorandum of understanding with the Government of Maharashtra signed at the World Economic Forum in Davos in January 2026.
The logic of the move is straightforward. Developing a large project in India is a problem of land, approvals, contractors, financing and community — and those problems do not change much when the output changes from apartments to aviation fuel. What changes is the technology, the offtake and the regulatory perimeter, and those are being brought in through licensors, advisers and operating partners rather than improvised.
How the platform is organised
Sankla Renewables operates as the development and holding platform. Each asset is intended to sit in a dedicated project company with its own financing, technology licence and offtake arrangements, so that risk is ring-fenced and partners can invest at the asset level. Entity structures, registrations and shareholding are being formalised alongside project development.
Operating principles
Four commitments we are prepared to be measured against.
- 01 / CapitalPhase before you scale
Capital is committed in stages against defined milestones. Each phase must prove its technology, its feedstock supply and its offtake before the next is drawn down.
- 02 / ExecutionOwn the interfaces
Large projects fail between contracts, not inside them. Land, utilities, EPC, licensor scope and logistics are managed as one integrated programme.
- 03 / CommunityContract, don't promise
Benefits to farming households are structured as procurement contracts and skilling programmes with defined terms, not as goodwill.
- 04 / DisclosureSay what stage it is at
This project is pre-final-investment-decision. We describe it that way, including where numbers are indicative and where approvals are outstanding.
The group
Sankla Buildcoon
Founded in 1992 and headquartered in Pune, Sankla Buildcoon develops residential, commercial and resort projects across Maharashtra, with a portfolio spanning Mohammadwadi, Manjari, Hadapsar, Dhanori, Pisoli, Bhugaon and Mahabaleshwar. It is led by Managing Director Subhash Sankla.
Sankla Renewables extends that record into the energy transition. The group remains the promoter and sponsor of the platform.
Governance
Built to be financeable by institutions.
A project of this size will be funded by parties who ask hard questions. The governance architecture is being put in place to answer them.
Ring-fenced project company
Dedicated SPV for the Chalisgaon asset, with separate books, security package and shareholder agreements.
Lender-grade E&S
Environmental and social management designed toward IFC Performance Standards and Equator Principles expectations for project finance.
Independent verification
Third-party technical advisers, lender's engineer and accredited sustainability certification across the feedstock chain of custody.
Next
See how the fuel is actually made.
The technology brief sets out the certified pathways available for residue-based SAF, how they differ, and what the project is evaluating.