SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Godawari Power and Ispat’s arm enters into supply agreement with Roche Energy

23 Apr 2026 Evaluate

Godawari Power and Ispat’s wholly owned subsidiary -- Godawari New Energy (GNEPL) has entered into a Supply Agreement with Shanghai Shenyi Roche Energy Technology (Roche Energy), a Company incorporated in Republic of China for supply of Balance of System for 5 MWh DC Block on CKD basis to GNEPL for its first phase of 20 GWH Battery Energy Storage System plant at Sambhajinagar, Maharashtra, upon commercial terms mutually decided by the GNEPL and Roche Energy. 

The supply agreement with Roche Energy provides crucial benefits by securing a stable, reliable, and cost-effective supply chain, ensuring consistent quality for GNEPL. The supply agreement with Roche Energy is a major milestone towards manufacturing BESS.

The Roche Energy is engaged in the business of BESS product design, manufacturing, material supply and technology support etc. (entire Balance of System except LFP Cells).

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

294.25 -4.25 (-1.42%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 210.95
JSW Steel 1257.25
SAIL 176.45
Jindal Stainless 775.60
APL Apollo Tubes 2022.35
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:

×