Maharashtra-based Sanjay Ghodawat group is planning to focus more on renewable energy and agriculture business this fiscal.
The group has earmarked an investment of Rs 2,000 crore over the next five years, a major chunk of which will go into the group’s renewable, FMCG and agro business.
The group is also looking at expanding its business network in the eastern and north eastern region, especially in states like West Bengal, Orissa, which have a lot of potential in the renewable energy sector.
Ghodawat Energy Limited, the renewable energy arm of the group, has already installed four major wind farms with a total collective capacity of 100 mw in Maharashtra, Gujarat,Karnataka and Rajasthan with a total investment of Rs 500 crore approximately.