RP–Sanjiv Goenka Group Unveils ₹15,800 Crore Investment in West Bengal with India’s Largest Energy Storage Project Published By Anupam Nath In a landmark move that reaffirms West Bengal’s growing importance in India’s industrial map, the RP–Sanjiv Goenka Group has announced a massive ₹15,800 crore investment across energy, education, and healthcare sectors. The announcement, made at the 2025 Business and Industry Conclave by Chairman Sanjiv Goenka himself, signals a major leap forward in sustainable development and innovation.At the heart of this ambitious plan lies a ₹12,000 crore investment to establish a colossal 5,000 megawatt-hour (MWh) energy storage facility — a project set to become one of India’s first large-scale battery energy storage systems of its kind. This facility is not merely an infrastructure project; it represents a paradigm shift in how cities like Kolkata can balance power supply and demand while accelerating their transition toward renewable energy.Sanjiv Goenka highlighted that the goal is to make Kolkata the first Indian city to source at least 50% of its electricity from renewable energy. Once operational, this project will help reduce the city’s carbon footprint, enhance grid stability, and position West Bengal as a leader in green energy adoption. The company has already submitted its land application, marking the start of groundwork for what promises to be a transformative development.Beyond energy, the RP–Sanjiv Goenka Group is dedicating ₹1,000 crore towards social infrastructure, with equal emphasis on education and healthcare. In the education sector, the group plans to double its capacity by investing ₹500 crore, thereby expanding access to quality learning for students across the state. On the healthcare front, a state-of-the-art hospital is in the pipeline, set to be commissioned by January 2027. This facility aims to be among the finest in India, equipped with advanced technology and world-class medical expertise.This announcement comes as a strong vote of confidence in West Bengal’s policy environment and leadership. Goenka credited Chief Minister Mamata Banerjee’s administrative efficiency and pro-investment approach for enabling such large-scale commitments. The RP–Sanjiv Goenka Group has already invested ₹26,500 crore in the state in recent years, underlining its long-standing faith in Bengal’s growth story.The ₹15,800 crore investment plan resonates with India’s broader clean energy and sustainable development vision. As the nation pushes toward its renewable energy targets and industrial modernization, such projects create valuable synergies — generating employment, promoting innovation, and setting examples for future-ready urban transformation.In essence, this announcement is more than just a corporate investment; it’s a vision for a greener, stronger, and smarter Bengal — where industry, innovation, and sustainability move forward together.
