New Launch24 Mar 2026, 02:22 pm
Godawari Power and Ispat Ltd Approves 1.00 MTPA Integrated Steel Plant at Rs. 7000 Crores
AI Summary
Godawari Power and Ispat Ltd, a certified company under ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001.2018 & ISO 27001:2022, has approved the setting up of a 1.00 MTPA Integrated Steel Plant at a cost of Rs. 7000 Crores. The plant, which will manufacture heavy & medium section structural steel and wire rods, is proposed to be set up at village Sarora, Tehsil Tilda, District Raipur, Chhattisgarh. The project will be funded through debt and internal accruals in the ratio of 1:1 and is expected to strengthen the company's presence in the steel sector and capitalize on the growing demand for structural steel in India.
Key Highlights
- Godawari Power and Ispat Ltd approves 1.00 MTPA Integrated Steel Plant
- The plant will manufacture heavy & medium section structural steel and wire rods
- The project cost is estimated at Rs. 7000 Crores
- The project will be funded through debt and internal accruals in the ratio of 1:1
- The plant is proposed to be set up at village Sarora, Tehsil Tilda, District Raipur, Chhattisgarh