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Godawari Power & Ispat Gets 452.03 Acre Land in Raipur for Integrated Steel Plant

द्वारा लिखित: Team Angel Oneअपडेट किया गया: 7 Nov 2025, 4:09 pm IST
Godawari Power and Ispat Limited has secured a 452-acre leasehold land in Raipur from CSIDC to set up an integrated steel plant at Sarora.
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Godawari Power and Ispat Limited (GPIL) has been allotted 182.937 hectares, or roughly 452.03 acres, of leasehold land by the Chhattisgarh State Industrial Development Corporation Limited (CSIDC). 

The land is located in Village Sarora, Tehsil Tilda, District Raipur, Chhattisgarh. As per the exchange filings, it has been allotted for the establishment of an integrated steel plant.

Lease Period and Terms

The lease deed was executed on October 31, 2025, and received by the company on November 6, 2025. The lease will remain valid for 99 years, up to October 2124. 

Under this agreement, the land will be used for industrial purposes linked to steel production and related activities.

Project Purpose

The proposed integrated steel plant at Sarora will add to GPIL’s existing industrial base in Chhattisgarh. The site will be developed to accommodate core operations for steel manufacturing, which include production, processing, and associated infrastructure. 

The new plant location lies within an established industrial belt, offering access to resources, logistics, and workforce support in Raipur.

Location and Industrial Context

Sarora, situated in the Tilda tehsil of Raipur, falls under the Chhattisgarh State Industrial Development Corporation’s planned industrial zones. This area has been identified for setting up large-scale manufacturing units due to its connectivity to nearby raw material sources and transport networks. 

The region already hosts several metal and mineral-based industries, making it suitable for integrated steel projects like GPIL’s.

Company Details

Godawari Power and Ispat Limited operates from its registered office and works at Siltara, Raipur. The company is part of the Hira Group and holds certifications under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

Read More: Godawari Power And Ispat Resumes Pellet Plant Operations After 34-Day Shutdown!

Godawari Power and Ispat Share Price Performance

As of November 7, 2025, 9:52 AM, Godawari Power and Ispat share price was trading at ₹269.25, a 0.56% decrease from the previous closing price.

Conclusion

With the 452-acre land allotment in Raipur, GPIL has secured the site needed for its upcoming steel plant. The lease provides a long-term foundation for the project’s development within the Chhattisgarh industrial corridor.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Nov 7, 2025, 10:38 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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