Godawari Power and Ispat have received approval to build a 6.91 MW waste heat recovery plant, which will convert industrial waste heat into usable electricity. This project is aimed at optimizing energy efficiency in their operations.
Godawari Power And Ispat limited
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Godawari Power surpasses records with high iron ore and steel output in the recent fiscal year, but falls short of its 3MT iron ore production target by a margin.
Godawari Power fell short of its own 3 million tonne (MT) iron ore pellet production target, managing only 2.86 MT in the stated period. The company's production figures are lower than expected, potentially impacting its operational performance.
Godawari Power's shares soared by 5.7%, following the announcement of record production in FY26 for iron ore, pellets, and power. The company aims to build an integrated steel plant worth ₹7,000 crore in Raipur, with a capacity of 1 MTPA.
Godawari Power and Ispat Ltd have scheduled a virtual one-on-one meeting with Nirmal Bang Securities on April 3, 2026. This meeting does not involve any undisclosed price-sensitive information; for more details, check the company's website.