Godawari Power and Ispat Ltd to Increase Battery Energy Storage System (BESS) Project Capacity to 20 GWh

Godawari Power and Ispat Ltd has announced an enhancement of its BESS project capacity from 10 GWh to 20 GWh in the first phase. The project is proposed to be set up by the Company’s Wholly Owned Subsidiary named Godawari New Energy Private Limited (GNEPL). This decision is driven by the availability of a single line unit for the manufacture of 20 GWh BESS per annum, which will enable effective land utilisation, lower building structural cost, and overall lower investment in setting up of 20 GWh line. The cost of setting up the 20 GWh BESS Project is expected to be Rs. 1025 Crores, with commercial operations commencing in Q1 FY2027-28. The project will be partly funded by debt raised by GNEPL and partly by equity infusion by GPIL from internal accruals in one or more tranches. The Board of Directors of the Company approved this proposal on 12.12.2025.