ALPHA TRIBE

Godawari Power And Ispat limitedImportant, 14-07-2026: Closure of operations

14-07-2026 | 12:16 pm

The company has temporarily suspended its 2 MnTPA Iron Ore Pellet Plant due to unviable production. High gas prices from curtailed supplies and increased market-sourced iron ore costs during the rainy season are key factors. Expect Q2FY27 profitability impact, but no long-term effect.

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