-1.30 (-0.54%) Godawari Power & Ispat (GPIL) has entered into a Memorandum of Understanding (MoU) with the Government of Chhattisgarh for setting up of the facilities in Raipur region and Bastar region of Chhattisgarh.
The State Government will facilitate the company in procuring land, water allocation, coal linkages, facilitate expeditious grant of approvals and recommend Ministry of Steel, Power, Environment, and Forests, Government of India and also provide all incentives available to the Mega/Very Large Industrial Projects as per the Industrial Policy.
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.