Bharat Newz Business Desk
RPSG Group Chairman Sanjeev Goenka made a landmark announcement at the Bengal business summit, unveiling a massive ₹15,800 crore investment plan that is set to redefine the state’s energy, healthcare, and education landscape. The highlight of this announcement is a ₹12,000 crore battery energy storage project with a capacity of 5,000 MWh — the first of its kind in India — to be developed in West Bengal.
Taking the stage, Sanjeev Goenka reflected on RPSG Group’s long-standing association with the state, outlining the investment journey of the past 14 and a half years. He stated that over the last decade and a half, the group has invested nearly ₹26,500 crore in West Bengal.
According to Goenka, this sustained investment was made possible due to the proactive leadership and support of Chief Minister Mamata Banerjee. Reaffirming his confidence in the state, he announced that RPSG Group is ready to invest even more in Bengal’s future.
The proposed 5,000 MWh battery storage facility is expected to play a transformative role in West Bengal’s renewable energy ecosystem. Once operational, the project will enable Kolkata to source nearly 50 percent of its energy requirements from renewable sources, significantly reducing dependence on conventional power and strengthening grid stability. Land for the project is currently being explored in the Uttarpara–Hindmotor region, a location considered strategically suitable for large-scale energy infrastructure.
Following the announcement, Chief Minister Mamata Banerjee immediately sought details on land requirements for the project. While the total requirement is estimated at around 600 acres, she directed senior officials present on stage — including the Chief Secretary, Industry Secretary, and Land and Land Reforms Secretary — to place a proposal for allocating 350 acres of land at the very next state cabinet meeting. The move underlines the state government’s intent to fast-track industrial projects and facilitate ease of doing business.
Beyond energy, RPSG Group’s investment plan also includes significant contributions to social infrastructure. The group will invest ₹500 crore in the education sector, strengthening institutions and creating new opportunities for skill development. In addition, a state-of-the-art hospital is planned, aimed at delivering advanced healthcare services to the people of Bengal. This hospital is scheduled to be commissioned by January 2027.
Looking ahead, Sanjeev Goenka announced that projects worth ₹15,800 crore will begin rolling out from January 2027, marking a new phase of growth and development. Together, these initiatives reinforce West Bengal’s position as a major investment destination and signal a strong push toward sustainable energy, world-class healthcare, and education-led growth under the banner of the RPSG Group investment in Bengal.
