Godawari Power & Ispat announced that its associate company, Jagdamba Power and Alloys (JPAL) situated in Siltara Industrial Area, Raipur (C.G.) has been connected to Company’s Integrated Steel Plant.
The entire power generated by JPAL shall be captively consumed in the company’s Integrated Steel Plant to optimise its capacity utilisation in Steel Billets Plant which is currently operating at 50 to 60 per cent utilisation.
According to the company’s website, Godawari Power & Ispat Ltd (GPIL) a public limited company, formally Ispat Godawari Ltd (IGL), a pioneer constituent belonging to HIRA Group of Industries, Raipur, C.G. was incorporated in 1999 to set up an integrated steel plant with captive power generation under the guidance of visionary leadership of B L Agrawal, Managing Director, a techno commercial visionary having proven wide experience in commissioning & running of Cement Plant, Sponge Iron Plant etc., backed by a dedicated team of professionally qualified personnel under the stewardship of Board of Directors having expertise in Engineering finance administration GPIL is listed with the National Stock Exchange and Bombay Stock Exchange.
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