West Bengal Conclave Secures Major Investments, Including Rs 15,800 Crore from RPSG Group

The West Bengal government's Business and Industry Conclave resulted in significant investment proposals, notably a Rs 15,800 crore commitment from the RPSG Group for various projects. This includes Rs 12,000 crore earmarked for a 5,000 MWh battery energy storage project, aimed to supply 50% of Kolkata's electricity from renewable sources.

Additional investments were announced by ITC for a personal care manufacturing facility and expansions in agriculture and tourism. Titagarh Wagons aims to become Asia's largest manufacturer of passenger trains, targeting 1,000 Metro coaches annually and starting warship production.

JK Group will establish new food processing plants, benefiting 18,000 farmers. KfW Group plans to expand its solar PV plant, while JSW Energy commits Rs 40,000 crore for terminal operations. The Chief Minister approved 350 acres for CESC's battery storage unit, which is expected to support Kolkata's renewable energy transition.