Godawari Power & Ispat said it has received permission of the Chhattisgarh Environment Conservation Board for operating a 2 million tonne pellet plant for the expansion of iron ore pelletisation capacity from 2.7 to 4.7 MTPA.

The pellet plant is proposed to be financed from internal accruals of the company and likley to be commissioned by Q1FY26.

"We are pleased to inform you that the `Permission to Establish' for setting up 2 million ton Pellet plant for expansion of Iron Ore Pelletisation Capacity of the Company from 2.7 to 4.7 MTPA with associated facilities for manufacture of Pellets like ore grinding, beneficiation, coal gasification etc. at Siltara Industrial Area, Raipur, Chhattisgarh has been issued by Chhattisgarh Environment Conservation Board vide its letter dated 24.07.2024 received by the company on 26.07.2024. As communicated earlier the pellet plant is proposed to be financed from internal accruals of the Company and the same is expected to be commissioned by QIFY26," said the firm in a communication.

Godawari Power & Ispat is mainly engaged in Mining of Iron Ore and Manufacturing of Iron Ore Pellets, Sponge Iron, Steel Billets, Wire Rods, H.B. Wire and Ferro Alloys with generation of Electricity.