SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Godawari Power’s arm signs supply agreement with EVE Power

14 Apr 2026 Evaluate

Godawari Power and Ispat’s wholly owned subsidiary -- Godawari New Energy (GNEPL) has entered into a supply agreement with EVE Power Co. (EVE Power), a Company incorporated in Republic of China, for purchase of key battery raw materials that is LFP Cells by GNEPL for manufacturing of First phase of 20 Gwh of Battery Energy Storage Containers upon commercial terms mutually decided by the GNEPL and EVE Power. 

The supply agreement with EVE Power for LFP Cells is a 5-year long term contract for 628 Ah LFP Cells and this supply agreement provides crucial benefits by securing a stable, reliable, and cost-effective supply chain, ensuring consistent quality, and enables better long-term planning for GNEPL. The supply agreement with EVE Power is a major milestone towards manufacturing BESS.

The EVE Power is engaged in the business of manufacturing and supply of lithium battery cells and solutions for consumer batteries, power batteries and energy storage batteries, etc. EVE is one of the leading manufacturers of LFP Cells in China and with this tie up GNEPL has assured that they get Grade 1 cells for their BESS Assembly line.

Godawari Power and Ispat is engaged in the production of sponge iron, steel billets, ferro alloys, HB wires, oxygen, fly ash bricks and is also in the power business.

Godawari Power & Isp Share Price

289.15 0.00 (0.00%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 206.55
JSW Steel 1204.00
SAIL 167.90
Jindal Stainless 765.15
APL Apollo Tubes 1978.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×