Godawari Power starts 25 MWp solar plant in Chhattisgarh

1 min read     Updated on 20 May 2026, 02:31 AM
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Godawari Power & Ispat Limited commissioned its 25 MWp Captive Solar Power Plant in Chhattisgarh on May 19, 2026. The power generated will be used for captive consumption at Ari Dongri and Boria Tibu Iron Ore Mines, replacing high-cost power from state Discoms. This initiative supports the company's green goals and reduces its carbon footprint.

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Godawari Power & Ispat Limited has announced the commencement of commercial operations at its 25 MWp Captive Solar Power Plant. The facility, situated at Chawardhal in the Rajnandgaon district of Chhattisgarh, was commissioned and synchronized with the grid on May 19, 2026.

Operational Details

The solar power plant will supply electricity captively to the company's mining operations. Specifically, the power generated will be consumed at the Ari Dongri Iron Ore Mines and Boria Tibu Iron Ore Mines. This strategic move is intended to replace higher-cost power previously purchased from the state power distribution companies.

Strategic Benefits

By utilizing solar energy for its mining activities, Godawari Power & Ispat aims to reduce operational costs associated with power procurement. Additionally, the shift to renewable energy supports the company's green initiatives and is expected to reduce its carbon footprint.

Project Overview

Feature Details
Capacity 25 MWp
Location Chawardhal, Dist. Rajnandgaon, Chhattisgarh
Commissioning Date May 19, 2026
Purpose Captive consumption for mining activities

The company confirmed that the development is pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015.

Will Godawari Power & Ispat expand its captive solar capacity beyond 25 MWp to cover other energy-intensive operations beyond the two iron ore mines?

How significantly could the reduction in grid power procurement costs improve Godawari's EBITDA margins in the mining segment over the next fiscal year?

Is the company considering hybrid renewable energy solutions, such as integrating battery storage or wind power, to ensure uninterrupted captive supply during non-solar hours?

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GPIL Board Authorizes Five Key Managerial Personnel

1 min read     Updated on 20 May 2026, 01:24 AM
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Godawari Power & Ispat Limited announced the Board approval of five Key Managerial Personnel authorized to determine materiality and make disclosures under SEBI Regulation 30(5). The list includes Mr. Bajrang Lal Agrawal as CMD, Mr. Abhishek Agrawal and Mr. Dinesh Gandhi as Executive Directors, Mr. Sanjay Bothra as CFO, and Mr. Yarra Chandra Rao as Company Secretary. The authorization is effective from May 19, 2026, and supersedes the company's previous communication from 2016.

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Godawari Power & Ispat Limited has authorized five Key Managerial Personnel to determine materiality and make disclosures to stock exchanges under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The decision was approved by the Board of Directors during its meeting held on May 19, 2026, and the appointments are effective from the same date.

Authorized Personnel

The newly authorized personnel include the company's top leadership across finance, operations, and compliance roles. The Board approved the addition of these officials to ensure timely and accurate disclosures to the National Stock Exchange of India Ltd and BSE Limited.

Designations and Contacts

The following table details the names and designations of the appointed personnel along with their official contact email IDs:

Sr. No. Name of the Key Managerial Personnel Designation Contact Details (Email IDs)
1 Mr. Bajrang Lal Agrawal Chairman & Managing Director (CMD) blagrawal@hiragroup.com
2 Mr. Abhishek Agrawal Executive Director (ED) abhishek.agrawal@hiragroup.com
3 Mr. Dinesh Gandhi Executive Director (ED) dinesh.gandhi@hiragroup.com
4 Mr. Sanjay Bothra Chief Financial Officer (CFO) sanjay.bothra@hiragroup.com
5 Mr. Yarra Chandra Rao Company Secretary (CS) yarra.rao@hiragroup.com

Regulatory Compliance

This update follows the company's earlier communication dated February 13, 2016, regarding the contact details of the Managing Director & Company Secretary authorized for disclosures. The company has confirmed that the updated information regarding the Key Managerial Personnel is now available on its official website, www.godawaripowerispat.com . The intimation was formally signed by Company Secretary Yarra Chandra Rao on May 19, 2026.

How might the expanded KMP authorization structure improve Godawari Power & Ispat's response time to material event disclosures compared to its previous single-contact framework established in 2016?

Could the formalization of multiple KMP disclosure authorities signal upcoming significant corporate announcements or transactions that require streamlined regulatory communication?

How does Godawari Power & Ispat's updated compliance framework compare to industry peers in the steel and power sector in terms of governance best practices under SEBI LODR Regulations?

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