Vedanta Plans ₹60,000 Crore Power Project in West Bengal; Around 10,000 Jobs Expected

Kolkata : Billionaire industrialist Anil Agarwal’s Vedanta Group is planning a major investment of ₹60,000 crore to set up a power generation project in West Bengal, in a move that could create around 10,000 jobs and give a fresh push to the state’s industrial ambitions.The proposed project would be one of the largest private investments announced in West Bengal in recent years. According to reports, the group has indicated interest in a large-scale power facility, with reports in the business press suggesting that Asansol — a region rich in coal and already home to strong industrial infrastructure — is being considered as a possible location. Wider discussions have also linked Vedanta’s plans in the state to a larger investment envelope of ₹70,000–80,000 crore covering power generation and an aluminium smelter.The announcement comes just days before the West Bengal government is scheduled to unveil its new industrial policy on November 5. The state cabinet has already cleared the draft policy, which is expected to focus on three key areas — land, power and industrial incentives — as the state works to position itself as a leading investment destination.Vedanta’s renewed interest in the state is being seen as a signal that large industrial groups are once again looking at West Bengal.The power project is expected to strengthen West Bengal’s electricity infrastructure, which is critical for both households and industry. Beyond power supply, the investment is likely to bring:- Around 10,000 jobs during construction and operation phases- Boost to allied industries, such as coal supply, transport and equipment manufacturing- Support for energy-intensive industries in the state, including steel and manufacturingStill, the announcement marks a significant moment in West Bengal efforts to attract large-scale private investment and expand its manufacturing and energy base.