IIM Calcutta Rs 500 crore green campus plan moves forward after state NOC renewal

IIM Calcutta is pushing ahead with a Rs 500 crore campus modernisation plan after the state government renewed its no-objection certificate. The project includes a 950-capacity hostel, academic block, substation, service building, and food court, all designed to make the campus carbon neutral and ecologically green. The funding comes via a HEFA loan of Rs 515 crore. The institute's director wrote to state and central officials to clear bottlenecks and received assurances that hurdles would be resolved. This phased upgrade aims to transform the business school into a low-carbon facility, aligning with broader trends in green building and institutional sustainability in India. While the plan is ambitious, details on specific energy efficiency measures, renewable energy integration, or carbon offset strategies remain unclear. Readers should watch for concrete design specifications and timelines to assess whether this becomes a genuine model for green campuses or stays a headline.