Godawari Energy Solutions incorporated as wholly owned subsidiary
GPIL · price
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Godawari Power and Ispat has incorporated a wholly owned subsidiary, Godawari Energy Solutions Private Limited (GESPL), in Maharashtra on October 17, 2026. GESPL will undertake EPC, turnkey, engineering, procurement, construction, erection, installation, testing, commissioning, operation, and maintenance activities related to Battery Energy Storage Systems, renewable energy, power, electrical, and allied infrastructure projects. GPIL holds 100 percent shareholding with an initial subscription of Rs. 1 lakh (10,000 equity shares at Rs. 10 face value at par).
Strategic diversification into renewable energy and BESS infrastructure; small initial capital outlay but signals a new business vertical for GPIL.