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RP–Sanjiv Goenka Group Plans Rs 12,000 Crore Energy Storage Investment in West Bengal

The RP–Sanjiv Goenka Group has announced a major investment plan to strengthen West Bengal’s infrastructure, with a significant focus on energy storage aimed at boosting renewable power integration in the state. The group plans to invest Rs12,000 crore in a 5,000 MWh battery energy storage project, which is expected to play a key role in enabling 50 percent renewable electricity supply for Kolkata.

The announcement was made by Group Chairman Sanjiv Goenka at the Business and Industry Conclave 2025, where he outlined a broader capital expenditure programme of Rs15,800 crore spanning energy, education, healthcare, and power distribution in the state. Goenka said the investment reflects the group’s long-term commitment to West Bengal and credited the state government’s policy clarity and swift decision-making for facilitating large-scale projects.

According to Goenka, the proposed energy storage facility is expected to be among the first large-capacity battery storage projects of its kind in India. The system is designed to support higher penetration of renewable energy and would allow Kolkata to source at least half of its electricity from clean energy sources. If achieved, the city would become the first in India to reach this level of renewable energy integration.

The group has already submitted a land application for the project, seeking approximately 600 acres. In response, Chief Minister Mamata Banerjee assured full support from the state government and directed officials to place the proposal before the next state Cabinet. She also confirmed that 350 acres of land are currently available at Uttarpara in Hooghly district.

Beyond the energy sector, the RP–Sanjiv Goenka Group has earmarked nearly Rs1,000 crore for expansion in education and healthcare. Plans in education include doubling capacity through an investment of around Rs500 crore. In healthcare, the group intends to develop a state-of-the-art hospital, which is targeted for commissioning by January 2027 and is expected to rank among the leading healthcare facilities in the country.

Including ongoing investments in power distribution, the group’s total proposed investment in West Bengal stands at Rs15,800 crore. Goenka reiterated that the scale of the investment has been made possible by the state government’s supportive approach, highlighting policy stability and faster approvals as key enablers.