RP-Sanjiv Goenka Group commits ₹15,800 crore capex in West Bengal

Sanjiv Goenka, Chairman of the RP-Sanjiv Goenka Group, on Thursday announced a capital expenditure plan totalling Rs 15,800 crore aimed at bolstering infrastructure across energy, education, and healthcare sectors in West Bengal. Addressing the Business and Industry Conclave 2025, here he praised the "decisive leadership" of West Bengal Chief Minister Mamata Banerjee, which facilitates rapid investment, and said his group has invested Rs 26,500 crore in the past years of her leadership. The cornerstone of the proposed investment is a revolutionary energy projecta massive 5,000 megawatt hours (MWh) storage facility at a cost of Rs 12,000 crore, Goenka said. He claimed that this project is anticipated to be one of the first of its kind in India. The immediate goal of this high-capacity storage is to enable the city of Kolkata to receive at least 50 per cent of its energy from renewable sources. If achieved, this proportion of renewable energy provision would be the first in the coun