Deals13 Apr 2026, 06:01 pm
GPL's GNEPL inks 5-year LFP cell supply deal with EVE Power for 20 GWH BESS
AI Summary
Godawari New Energy Private Limited (GNEPL), a wholly-owned subsidiary of Godawari Power and Ispat Limited (GPL), has entered into a 5-year supply agreement with China's EVE Power Co. Ltd. This agreement, signed on April 13, 2026, is for the purchase of Lithium Ferro Phosphate (LFP) Cells. These cells are crucial for GNEPL's manufacturing of the first phase of 20 GWH of Battery Energy Storage System (BESS) containers. EVE Power, a leading LFP cell manufacturer, will provide Grade 1 cells, ensuring a stable, reliable, and cost-effective supply chain for GNEPL's BESS assembly line and enabling better long-term planning. This marks a significant milestone for GNEPL's BESS manufacturing project.
Key Highlights
- GNEPL, GPL's subsidiary, signed a 5-year LFP cell supply deal with EVE Power.
- Cells are for manufacturing 20 GWH Battery Energy Storage System containers.
- Deal secures stable, cost-effective, and quality LFP cell supply for GNEPL.
- EVE Power is a leading LFP cell manufacturer, ensuring Grade 1 cells.
- This is a major milestone for GNEPL's BESS manufacturing project.