-1.30 (-0.54%) Godawari Power and Ispat has been awarded additional 28,700 metric tonnes (MT) of Long-Term Coal Linkage in the coal linkage auction concluded on October 16, 2017 by Coal India (CIL) to be used in the company’s Sponge Iron Unit. With this additional quantity of coal linkage awarded to the company, the total coal linkage aggregates to 5,13,400 metric tonnes.
Recently, the company had been awarded 52,400 MT of Long-Term Coal Linkage in the recently concluded Coal Linkage Auction made by CIL.
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.