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Mamata govt courts investors ahead of Bengal polls
Business Standard
|December 19, 2025
A proposed 5,000 Mwh battery storage project by the RP-Sanjiv Goenka (RPSG) group, new hotel ventures from ITC, and additional commitments from the JSW group were among the key announcements at the Mamata Banerjee-led West Bengal government's Business & Industry Conclave, held ahead of the Assembly elections next year.
Speaking at a business and industry conclave, West Bengal CM Mamata Banerjee said that the state will rename its job guarantee scheme Karmashree after Mahatma Gandhi
(PHOTO: PTI)
Addressing the conclave, RPSG Group Chairman Sanjiv Goenka said the group had invested ₹26,500 crore in West Bengal over the past 15 years. "These are investments on the ground," he said while committing the next phase of investment.
"It will probably be one of its first kind in the country - a 5,000 mwh battery storage facility linked to our generation plans. This will involve a total investment of ₹12,000 crore. We have already submitted a letter of application for land and we want to move very fast," Goenka said.
He added that the project would help enable at least 50 per cent renewable energy supply to the city of Kolkata, a proportion that would be unprecedented in India. The group's total proposed investment stands at ₹15,800 crore, including plans for a state-of-the-art hospital and a school.
This story is from the December 19, 2025 edition of Business Standard.
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