Godawari Power And Ispat limited — JV/Acquisition, 06-02-2026: Acquisition

Godawari Power & Ispat is stepping up its clean energy strategy, approving an additional Rs. 200 crore investment in its wholly-owned subsidiary, Godawari New Energy Private Limited (GNEPL). This brings GPIL's total commitment to GNEPL to Rs. 500 crore. The funds will fuel GNEPL's capital expenditure and working capital to establish a Battery Energy Storage System (BESS) Plant. This strategic move boosts GPIL's product portfolio and establishes a new growth avenue in the energy sector. The investment is set to conclude by March 31, 2027.