HomeMarket NewsStocks NewsGodawari Power gets nod for additional 2 MTPA pellet unit; commercial production in a week
The capacity will increase from 2.7 million tonnes per annum to 4.7 MTPA. Shares of Godawari Power and Ispat Limited ended at ₹238.65, up by ₹2.65, or 1.12%, on the BSE today, December 3.
Steel and pellet maker Godawari Power and Ispat Ltd (GPIL) on Wednesday (December 3) said it has received the consent to operate for its expanded iron ore pelletisation plant, increasing capacity from 2.7 million tonnes per annum to 4.7 MTPA.
The approval for the additional 2 MTPA pellet plant was granted by the Chhattisgarh Environment Conservation Board through its letter dated December 3, 2025.
Following the receipt of the consent, the company lighted up the expanded pellet plant on the same day. Commercial production is expected within a week, after which the company will inform the exchanges about the commencement of operations.
Also Read: Godawari Power and Ispat shares hit record high after biggest single-day gain in six months
Second Quarter Results
The steel and pellet maker’s net profit rose 1.5% to ₹161 crore for the September quarter, compared with ₹159 crore a year earlier. Revenue increased 3.2% to ₹1,307 crore from ₹1,267 crore.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 5.2% to ₹259.3 crore, up from ₹246.5 crore last year, while operating margins improved to 19.8% from 19.5%.
Godawari Power and Ispat Ltd is a leading integrated secondary steel manufacturer and power generator based in Raipur, Chhattisgarh, India. The company is part of the Hira Group. Its operations are fully integrated, covering the entire value chain from raw materials to finished products.
Godawari Power competes with domestic peers in the long steel and pellet segment and benefits from integrated operations across mining, manufacturing and power generation.
Shares of Godawari Power and Ispat Limited ended at ₹238.65, up by ₹2.65, or 1.12%, on the BSE.
(Edited by : Shoma Bhattacharjee)
