Godawari Power And Ispat Ltd.

BSE: 532734 | NSE: GPIL
Small Cap | Steel & Iron Products
241.20
-1.30 (-0.54%)
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Godawari Power commences commercial operations at iron ore mine in Chhattisgarh

Date: 12-04-2016

Godawari Power and Ispat has commenced commercial production in the merged Ari Dongri iron ore mining area of 138.96 ha of land situated at Kachche, Uttar Baster in the state of Chhattisgarh.  As a result of this the mining capacity shall be enhanced from 7.05 lakh metric tonnes per annum to 14.05 lak metric tonnes per annum.

Godawari Power & 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. GPIL is a flagship company of Raipur-based Hira Group of Industries, which is an integrated steel manufacturer and is having dominant presence in the long product segment of the steel industry; mainly into mild steel wire.