Godawari Power & Ispat Limited (GPIL) has announced a significant additional investment of ₹50 crores in its wholly owned subsidiary Godawari New Energy Private Limited (GNEPL). The investment was completed through the allotment of 5 crore equity shares of ₹10 each at par value on a rights basis, bringing the total investment in GNEPL to ₹350 crores.

Investment Details and Share Allotment

The latest investment increases GPIL's shareholding in GNEPL from 30 crore equity shares to 35 crore equity shares, maintaining 100% ownership of the subsidiary. This funding is part of the previously approved investment plan of up to ₹200 crores for GNEPL's capital expenditure and working capital requirements.

Strategic Partnership and Supply Agreement

Prior to this investment, GNEPL had secured a strategic 5-year supply agreement with China's Eve Power for LFP (Lithium Iron Phosphate) cells. This partnership provides GNEPL with access to established battery cell manufacturing capabilities, supporting its operational requirements for energy storage solutions.

Battery Energy Storage System Project

GNEPL is developing a 20 GWh Battery Energy Storage System Plant in its first phase. The company's registered office is located in Raipur, Chhattisgarh, while operations will be established in Maharashtra. The additional funding will support both capital expenditure and working capital requirements for this ambitious project.

Market Implications

This investment demonstrates GPIL's commitment to expanding its presence in the energy storage sector. The combination of secured LFP cell supply through the Eve Power agreement and increased financial backing positions GNEPL to capitalize on the growing demand for battery energy storage solutions in India. The 5-year supply agreement provides operational stability, while the substantial financial investment ensures adequate resources for project execution and scaling.

Godawari Power And Ispat Limited has notified stock exchanges about its management's upcoming participation in a television interview with NDTV Profit, scheduled for April 15, 2026. The company filed this intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 on April 14, 2026.

Interview Details

The management interaction is scheduled as a television interview format with specific timing and channel details provided to ensure transparency.

Regulatory Compliance and Disclaimers

The company has emphasized its commitment to regulatory compliance by clearly stating that no unpublished price sensitive information (UPSI) will be discussed during the interview. This disclosure aligns with SEBI guidelines for listed companies regarding media interactions.

Godawari Power And Ispat Limited has also noted that schedule changes may occur due to exigencies on the part of the organizer, news channel, or the company itself. The information has been simultaneously hosted on the company's official website at www.godawaripowerispat.com for broader stakeholder access.

Company Information

The intimation was signed by Y.C. Rao, Company Secretary, and filed with both BSE Limited (Scrip Code: 532734) and National Stock Exchange of India Limited (Scrip Code: GPIL). Godawari Power And Ispat Limited operates as an ISO certified company across multiple standards including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, 50001:2018, and 27001:2022.

The company maintains its registered office and works at Plot No. 428/2, Phase 1, Industrial Area, Siltara, Raipur, Chhattisgarh, with corporate address at Hira Arcade, Near Old Bus Stand, Pandri, Raipur.