
Investment5 Aug 2025, 06:59 pm
Godawari Power and Ispat Ltd. Approves Capacity Expansion, Amalgamation, and Battery Energy Storage System Plant
AI Summary
Godawari Power and Ispat Ltd. held a board meeting on August 5, 2025, where they approved the unaudited financial results for the quarter ended June 30, 2025. The board also approved the scheme of amalgamation of Godawari Energy Limited with Godawari Power and Ispat Limited and their respective shareholders. Furthermore, the board approved the proposal for setting up a 0.7 MTPA Cold Rolling Mill (CRM) Project and a Battery Energy Storage System Plant with an initial capacity of 10 Gwh. The company also approved the proposal to make further investments in Godawari Education and Research Foundation.
Key Highlights
- Approval of unaudited financial results for Q1 2025-2026
- Approval of amalgamation of Godawari Energy Limited with Godawari Power and Ispat Limited
- Approval of 0.7 MTPA Cold Rolling Mill (CRM) Project
- Approval of Battery Energy Storage System Plant with 10 Gwh capacity
- Approval of further investments in Godawari Education and Research Foundation