Godawari Power and Ispat Ltd receives consent to operate enhanced capacity at Sponge Iron division

Godawari Power and Ispat Ltd has received an approval letter dated 19.01.2024 from Chhattisgarh Environment Conservation Board ('Board') vide which the Board has accorded its "Consent To Operate" for enhanced capacity of Sponge Iron Division (SID) from 4,95,000 Metric Tons per annum to 5,94,000 Metric Tons per annum on trial basis at existing plant site at Siltara Industrial Area, Raipur, Chhattisgarh valid upto 31.08.2024, subject to further renewal. This letter is received today (i.e. 20.01.2024).

There is no modification nor any additional investments shall be required in the Company's Sponge Iron Division to operate the plant at the enhanced capacity of 5,94,000 Metric Tons.

Source : Equity Bulls

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