West Bengal has signed agreements with private and institutional partners for an initial investment of approximately Rs 3,000 crore in solid-waste management and compressed biogas (CBG) projects, alongside separate initiatives for Kolkata’s urban renewal and parking infrastructure.
Noida-based Skymax Infra Power Limited plans to invest around Rs 3,000 crore in waste-management facilities and CBG plants across the state. The proposed investment is expected to generate between 1,500 and 2,000 jobs, according to the company’s Chairman and Managing Director, Arjun Rawat.
The agreements were signed on Thursday, October 29, 2026, as part of a broader initiative involving waste management, renewable fuel production and urban infrastructure development.
Under the proposed projects, Skymax will focus on segregating waste and processing suitable waste streams to produce compressed biogas. The initiative is intended to address waste accumulation in different parts of West Bengal while developing facilities to convert usable organic waste into a fuel.
Skymax Infra Power Plans Rs 3,000 Crore Investment in CBG Projects
Skymax Infra Power’s proposed investment will cover solid-waste management infrastructure and CBG production facilities.
Speaking about the plans, Rawat said the company intends to invest approximately Rs 3,000 crore in West Bengal, with the projects expected to create employment opportunities for 1,500–2,000 people. He also highlighted the accumulation of waste in different areas of the state and its associated public health and sanitation concerns.
The company’s proposed approach involves segregating collected waste and directing suitable material towards processing facilities that can convert it into compressed biogas.
However, the announcement does not specify the proposed number of plants, their individual processing capacities, feedstock composition, project locations or implementation timelines.
These details will be important in assessing the scale of the planned CBG deployment and the quantity of waste that could ultimately be diverted towards renewable fuel production.
NITCON to Support Kolkata Beautification and Urban Infrastructure Projects
Alongside the CBG and waste-management agreements, North India Technical Consultancy Organisation Limited (NITCON) has signed agreements covering consultancy and project-development work for Kolkata’s beautification, urban renewal and Multi-Level Car Parking (MLCP) facilities.
The initial beautification and urban renewal activities will cover the Kolkata Municipal Corporation (KMC) and Bidhannagar Municipal Corporation (BMC) areas.
The proposed work will extend beyond improving public spaces and streetscapes to include better solid-waste management and the removal of disorganised overhead telecommunications cables.
State minister Paul said the urban renewal exercise would involve assessing existing infrastructure before deciding which improvements were necessary. She also emphasised coordinated design, symmetry and cost optimisation rather than replacing existing infrastructure indiscriminately.
The initiative will examine how public spaces and infrastructure can better accommodate pedestrians, vehicles and other urban users.
MoUs Signed with West Bengal’s Urban Development Department
The agreements were signed with the West Bengal government’s Urban Development and Municipal Affairs (UDMA) Department at Nagarayan in Salt Lake, its headquarters, during a meeting chaired by UDMA Minister Agnimitra Paul, according to a report by the United News of India (UNI).
UNI also reported that the Skymax project will initially focus on Kolkata and adjoining areas, with the company providing the required funding and technology. Its first phase is expected to be implemented within 1.5 to two years, according to Rawat.
The proposed investment is therefore an initial project commitment, rather than confirmation that the entire planned infrastructure is already operational or under construction.
Parking Projects to Follow Site Assessments
NITCON will first conduct a comprehensive survey to identify suitable locations for the proposed MLCP facilities. The number of parking structures and the associated investment requirements will be determined after examining land availability and existing infrastructure.
Minister Paul said the timeline for individual urban renewal and beautification projects would similarly depend on field surveys and assessments of existing assets.
The state has not yet finalised the number of parking facilities. The proposals could involve five or 10 locations, depending on the availability of suitable land.
NITCON Managing Director Satvinder Singh said the organisation would assess existing facilities before recommending new infrastructure, with an emphasis on cost optimisation and improved accessibility for pedestrians and vehicles.
