- Business
- Godawari Power & Ispat Limited engages in the mining of iron ore and the manufacturing of iron and steel products, along with captive power generation, in India. Founded in 1999 and headquartered in Raipur, Chhattisgarh, the company operates integrated facilities producing iron ore pellets with a capacity of up to 4.7 million tonnes per annum following recent expansion approval; sponge iron at 495,000 tonnes per annum; steel billets at 400,000 tonnes per annum; wire rods at 100,000 tonnes per annum; HB wires; ferro alloys at 16,500 tonnes per annum including silico manganese; pig iron at 33,000 tonnes per annum; and other products such as fly ash bricks, oxygen gas, and nitrogen gas; while generating approximately 110 MW of power primarily through waste heat recovery, thermal, and biomass plants for internal use and surplus sales. The company serves markets including automotive, construction, infrastructure, power, and industrial gas sectors, with primary operations in Chhattisgarh leveraging local iron ore and coal resources.
In recent developments, Godawari Power & Ispat secured a lease for 183 hectares of land in Sarora, Raipur, for an integrated steel plant expansion in November 2025; received consent to operate an expanded iron ore palletization plant increasing capacity from 2.7 million to 4.7 million tonnes per annum in December 2025; acquired shares in Godawari New Energy Pvt Ltd in August 2025 to support a Rs 700 crore battery energy storage system plant and a Rs 900 crore cold rolling mill project; completed a 51% stake acquisition in Jammu Pigments in early 2025 for diversification into non-ferrous metal recycling; and allotted 178,680 equity shares under its ESOP scheme in November 2025. These initiatives reflect strategic expansions in steel production, energy storage, and recycling capabilities.