Godawari Power Subsidiary Signs Supply Agreement for Battery Energy Storage System Components

1 min read     Updated on 24 Apr 2026, 05:19 AM
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Godawari Power & Ispat Limited's wholly owned subsidiary GNEPL has signed a supply agreement with Shanghai Shenyi Roche Energy Technology Limited for balance of system components for a 5 MWh DC Block. The agreement supports GNEPL's first phase of a 20 GWh Battery Energy Storage System plant at Sambhajinagar, Maharashtra, representing a major milestone in the company's battery energy storage manufacturing ambitions.

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Godawari Power & Ispat Limited has announced a significant development in its renewable energy expansion through its wholly owned subsidiary. Godawari New Energy Private Limited (GNEPL) has entered into a strategic supply agreement with Shanghai Shenyi Roche Energy Technology Limited, a Chinese company specializing in battery energy storage systems.

Agreement Details

The supply agreement covers the provision of balance of system components for a 5 MWh DC Block on CKD (Completely Knocked Down) basis. This agreement forms a crucial part of GNEPL's ambitious first phase of a 20 GWh Battery Energy Storage System plant located at Sambhajinagar, Maharashtra.

Parameter: Details
Supplier: Shanghai Shenyi Roche Energy Technology Limited
Component Type: Balance of System for 5 MWh DC Block
Supply Basis: CKD (Completely Knocked Down)
Project Phase: First phase of 20 GWh BESS plant
Location: Sambhajinagar, Maharashtra
Agreement Date: April 23, 2026

Strategic Partnership Benefits

The supply agreement with Roche Energy provides several strategic advantages for GNEPL's operations. The partnership ensures a stable, reliable, and cost-effective supply chain while maintaining consistent quality standards for the battery energy storage system components. Commercial terms have been mutually agreed upon by both GNEPL and Roche Energy.

Partner Capabilities

Shanghai Shenyi Roche Energy Technology Limited brings extensive expertise to this partnership. The company is engaged in comprehensive BESS operations including product design, manufacturing, material supply, and technology support for entire balance of system components excluding LFP cells. Roche Energy specializes in designing and constructing energy storage stations for source, grid, and user applications.

The Chinese partner excels in providing integrated solutions for various energy storage systems and demonstrates proficiency in managing the complete lifecycle of energy storage products from initial design through production phases.

Manufacturing Milestone

Godawari Power & Ispat Limited views this supply agreement as a major milestone toward manufacturing Battery Energy Storage Systems. The partnership positions GNEPL to advance its renewable energy capabilities and establish a strong foundation in the growing energy storage market. The agreement supports the company's strategic expansion into clean energy solutions through its subsidiary operations.

How will Godawari Power & Ispat finance the remaining phases of the 20 GWh BESS plant expansion beyond the initial 5 MWh capacity?

What impact could potential trade tensions or supply chain disruptions between India and China have on this strategic partnership?

Which specific industrial or grid-scale customers is GNEPL targeting for its battery energy storage systems in the Maharashtra region?

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Godawari Power & Ispat Opens Special Window for Physical Share Transfer and Dematerialisation

1 min read     Updated on 24 Apr 2026, 05:16 AM
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Godawari Power & Ispat Limited announced opening of special window for re-lodgement of transfer and dematerialisation of physical securities through newspaper advertisement published on 23.04.2026. The initiative, running from February 05, 2026 to February 04, 2027, targets securities sold/purchased prior to April 01, 2019, with transfers to be processed exclusively in demat mode through RTA MUFG Intime India Private Limited.

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Godawari Power & Ispat Limited has announced the opening of a special window for re-lodgement of transfer and dematerialisation of physical securities, following regulatory guidelines issued by the Securities and Exchange Board of India (SEBI).

Regulatory Compliance and Disclosure

The company published a newspaper advertisement on 23.04.2026 regarding this initiative, in accordance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The disclosure was made pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated 30th January 2026.

Parameter: Details
Reference Number: GPIL/NSE&BSE/2026/6287
Date of Disclosure: 23.04.2026
BSE Scrip Code: 532734
NSE Symbol: GPIL

Special Window Details

According to the published notice, the special window remains open for a period of one year, from February 05, 2026 to February 04, 2027. This facility is designed to accommodate transfer and dematerialisation of physical securities that were sold or purchased prior to April 01, 2019.

The initiative specifically targets investors who may have missed earlier deadlines for such transfers. During this period, securities that are re-lodged for transfer, including pending requests with the company or Registrar and Transfer Agent (RTA), will be issued exclusively in demat mode.

Process and Contact Information

Eligible investors can submit their requests along with requisite documents to the company's RTA, MUFG Intime India Private Limited. The RTA is located at C-101, Embassy 247, L.B.S. Marg, Vikroli (West), Mumbai - 400083, Maharashtra, India.

Contact Details: Information
RTA: MUFG Intime India Private Limited
Phone: +91-8108116767
Email: Investor.helpdesk@intime.mpmcs.mufg.com
Company Website: www.godawaripowerispat.com

The company has indicated that detailed information regarding the SEBI Circular is available in the Investors section under Shareholders Report - Transfer of Shares and unclaimed dividend to IEPF on its official website. Company Secretary Y.C. Rao signed the regulatory filing, which was digitally authenticated on 23.04.2026.

How might this special window impact Godawari Power & Ispat's share liquidity and trading volumes over the next year?

What percentage of Godawari Power & Ispat's total shares are still held in physical form and could potentially be dematerialized through this window?

Will other steel and power sector companies follow similar initiatives, and how might this affect overall market participation in these industries?

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