Team News Riveting
Raipur, December 11
Godawari Power and Ispat Limited (GPIL), the flagship arm of Chhattisgarh-based Hira Group, has inked an agreement with GAIL (India) for gas supply to its upcoming pellet plant.
“We would like inform (that) our Company has entered into an agreement with GAIL (India) Limited (GAIL) and exchanged the document at Raipur on 10.12.2024 for supply of RLNG Gas for Company’s upcoming pellet plant in the ordinary course of business for a period of 7 years,” GPIL said in a regulatory filing today.
Early this year, the company received environment clearance for expansion of the iron ore pelletization plant from 2.7 million tonnes capacity (MTPA) to 4.7 MTPA. The clearance has been granted by the Ministry of Environment, Forest and Climate Change, Government of India.
“The entire project cost of expansion shall be met out of internal accruals of the company and the commercial operation of the expansion program is expected to be commissioned in Q1 FY26,” the company had earlier said in a statement.
