Announced Tue, 23 Jun · 18:45 IST
GPIL commences 6.91 MW waste heat power plant at Raipur
Business Updates View source PDF
GPIL · price
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Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹272.15
prior close
₹271.10
base price
After-mkt
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AI summary
Godawari Power and Ispat Ltd has started commercial operations at its 6.91 MW Waste Heat Recovery Based Power Plant at Siltara, Raipur from June 23, 2026. The plant uses waste heat from flue gas generated by the existing Pellet Plant and Ferro Alloys Division at the company's integrated steel plant. This follows an earlier announcement dated April 2, 2026.
Likely market impact
Capacity addition using waste heat should lower power costs and improve margins for the steel and pellet divisions. Margin-accretive over time.