Godawari Power Gets Approval for 2-MTPA Pellet Plant Expansion
Godawari Power receives approval from the Chhattisgarh Environment Conservation Board on July 24, 2024, to expand its pellet plant capacity by 2 MTPA, raising total capacity to 4.7 MTPA.
by Damodharan N
Updated Jul 29, 2024
Godawari Power and Ispat Limited has received approval to expand its iron ore pelletisation capacity with the establishment of a new 2-million-ton pellet plant. This expansion will increase the company's total pelletisation capacity from 2.7 million tons per annum (MTPA) to 4.7 MTPA. The Chhattisgarh Environment Conservation Board issued the permission on July 24, 2024, which was received by the company on July 26, 2024.
The new plant will be located at Siltara Industrial Area, Raipur, Chhattisgarh, and will include facilities for ore grinding, beneficiation, and coal gasification. The project is planned to be funded through the company's internal accruals and is expected to be commissioned by the first quarter of FY26.
Source: Here
Godawari Power
Godawari Power & Ispat Limited (GPIL), established in 1999, is a leading integrated steel manufacturer in India. Originally known as Ispat Godawari Ltd., the company produces a range of products including sponge iron, steel billets, steel wires, and pellets.
With capacities for generating 53 MW of power and various other products, GPIL has secured a strong presence in the industry. It recently surpassed ₹1000 crore in turnover and achieved significant growth in revenue and profit. The company operates out of Raipur, Chhattisgarh, and is known for its comprehensive control over the steel production process, from raw materials to final products.
Godawari Power Gets Approval for 2-MTPA Pellet Plant Expansion - FAQs
1. What is the new pellet plant capacity?
The new pellet plant will have a capacity of 2 million tons per annum (MTPA).
2. When did Godawari Power receive the approval?
Godawari Power received the approval from the Chhattisgarh Environment Conservation Board on July 24, 2024.
3. Which authority approved the expansion?
The expansion was approved by the Chhattisgarh Environment Conservation Board.
4. What will be the total pelletisation capacity after expansion?
After the expansion, the total pelletisation capacity will increase to 4.7 million tons per annum (MTPA).
5. Where will the new plant be located?
The new pellet plant will be located at Siltara Industrial Area in Raipur, Chhattisgarh.
6. When is the new pellet plant expected to be commissioned?
The new pellet plant is expected to be commissioned by the first quarter of FY26.
7. How will the expansion be financed?
The expansion project will be financed through the company’s internal accruals.
8. What facilities will the new plant include?
The new plant will include facilities for ore grinding, beneficiation, and coal gasification.
9. What was the company's turnover milestone?
The company recently surpassed a turnover milestone of ₹1000 crore.
10. What types of products does GPIL manufacture?
GPIL manufactures various products including sponge iron, steel billets, steel wires, and pellets.