New Launch24 Mar 2026, 02:07 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 company certified with ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018 & ISO 27001:2022, has approved the setup of a 1.00 MTPA Integrated Steel Plant at a cost of Rs. 7000 Crores. The new plant, which will manufacture heavy & medium section structural steel and wire rods, is set to be established at village Sarora, Tehsil Tilda, District Raipur, Chhattisgarh, and is expected to strengthen the company's presence in the steel sector and capitalize on the growing demand for structural steel in India. The project will be funded through debt and equity (internal accruals) in the ratio of 1:1.
Key Highlights
- Godawari Power and Ispat Ltd to set up a 1.00 MTPA Integrated Steel Plant
- The new plant will manufacture 1.00 Million tons per annum of Iron & Steel finished products
- The project is estimated to cost Rs. 7000 Crores
- The cost will be funded through debt and equity (internal accruals) in the ratio of 1:1
- The plant is set to be established at village Sarora, Tehsil Tilda, District Raipur, Chhattisgarh