Godawari Power And Ispat limited — JV/Acquisition, 17-12-2025: Acquisition

Godawari Power and Ispat (GPIL) has significantly boosted its wholly-owned subsidiary, Godawari New Energy Private Ltd (GNEPL), with a further investment of **Rs. 73.95 Cr**. This funding is earmarked for the capital expenditure and working capital requirements of GNEPL's upcoming **20 Gwh Battery Energy Storage System (BESS) Plant**. This strategic move underscores GPIL's strong commitment to expanding into the rapidly growing **energy storage sector**, enhancing its product portfolio and future revenue streams. GNEPL, a 100% subsidiary, will drive GPIL's diversification into this key green energy segment.