Godawari Power And Ispat limited — JV/Acquisition, 19-11-2025: Acquisition

Godawari Power and Ispat (GPIL) has significantly bolstered its wholly-owned subsidiary, Godawari New Energy Private Limited (GNEPL), with a fresh investment of Rs. 124.95 Cr. This capital injection is earmarked for GNEPL's ambitious plan to establish a 10 Gwh Battery Energy Storage System (BESS) Plant. This strategic move propels GPIL into the rapidly growing energy storage sector, enhancing its product portfolio and signaling a strong commitment to future-focused energy solutions. This investment is crucial for expanding GPIL's presence in green energy infrastructure.