Latest news with #GodawariPower&IspatLtd
Business Upturn
7 days ago
- Business
- Business Upturn
Godawari Power shares surge 5% after receiving environment clearance for 2 MTPA integrated steel plant in Raipur
By Aman Shukla Published on July 17, 2025, 09:37 IST Shares of Godawari Power & Ispat Ltd (GPIL) jumped 5% in today's trade after the company received a major green light from the government. The Ministry of Environment, Forest & Climate Change has granted environmental clearance for GPIL's upcoming 2 million tonnes per annum (MTPA) integrated steel plant in Chhattisgarh. The approval was issued during the 7th meeting of the Expert Appraisal Committee held on July 9, with the official minutes uploaded on July 16. The project, planned in two 1 MTPA modules, will be developed in Sarora village, Tilda tehsil, Raipur district. This nod is a crucial step in GPIL's expansion drive, boosting its future capacity while aligning with sustainability norms. The company has informed the stock exchanges about this development under SEBI rules. Godawari Power shares opened at ₹188.65 and, at the time of writing, touched a high of ₹197.61 during the day, while the low stood at ₹188.00. The stock remained in focus in Thursday's trade. Over the past year, it has moved between a 52-week high of ₹253.40 and a low of ₹145.75. As of 9:36 AM, the shares were trading 5.54% higher at Rs 196.53. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
16-07-2025
- Business
- Business Upturn
Godawari Power & Ispat gets environment clearance for 2 MTPA integrated steel plant in Raipur
By Aditya Bhagchandani Published on July 16, 2025, 18:20 IST Godawari Power & Ispat Ltd (GPIL) announced on July 16, 2025, that it has received the much-awaited environment clearance from the Ministry of Environment, Forest & Climate Change, Government of India for setting up a 2 million tonnes per annum (MTPA) integrated steel plant. The clearance was granted by the ministry's Impact Assessment Division — Industrial Projects during the 7th meeting of the Expert Appraisal Committee (EAC) held on July 9, 2025, with the minutes uploaded to the ministry's website on July 16. The proposed plant, with 2×1 MTPA modules, will be located at Village Sarora, Tahsil Tilda, District Raipur, Chhattisgarh. This approval marks a significant milestone in GPIL's expansion plans to strengthen its presence in India's steel sector while ensuring compliance with environmental and sustainability standards. The company has requested exchanges to take this information on record as per SEBI (LODR) Regulations, 2015. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
