Godawari Power Share Price in Focus; Subsidiary Signs Supply Deal with Shanghai Shenyi Roche Energy

Godawari Power share price is expected to remain in focus after its wholly owned subsidiary announced a key supply agreement related to its battery energy storage system (BESS) project, marking progress in its clean energy expansion plans. 

GNEPL Agreement  

Godawari New Energy Private Limited (GNEPL), a wholly owned subsidiary of Godawari Power and Ispat Limited, has entered into a supply agreement with Shanghai Shenyi Roche Energy Technology Limited.  

The agreement covers procurement of Balance of System (BoS) components for a 5 MWh DC block, forming part of the first phase of a 20 GWh battery energy storage system project located in Sambhajinagar, Maharashtra. The company received the signed agreement on April 23, 2026.  

Project Details and Scope 

The agreement involves supply on a CKD (Completely Knocked Down) basis, enabling GNEPL to assemble and integrate components domestically. The Balance of System includes all essential elements required for energy storage operations, excluding LFP cells.  

Roche Energy, the supplier, specialises in energy storage system design, manufacturing, and lifecycle management, offering integrated solutions across grid, source, and user-side applications.  

Strategic And Operational Impact 

The partnership is expected to ensure a stable and cost-efficient supply chain for the BESS project while maintaining consistent quality standards.  

This development marks a significant step towards establishing manufacturing capabilities in battery energy storage, aligning with the company’s broader diversification into renewable and energy transition segments. 

Additionally, the move positions Godawari Power to participate in the growing energy storage ecosystem, which is becoming critical for grid stability and renewable energy integration in India. 

Read More: Godawari Power Approves ₹7,000 Crore Integrated Steel Plant in Chhattisgarh! 

Godawari Power Share Price Performance 

As of 24 April 2026, at 9:41 AM, Godawari Power share price is trading at ₹292.50 per share, reflecting a decline of 0.66% from the previous closing price. 

Conclusion 

The supply agreement represents a key milestone in Godawari Power’s clean energy journey, strengthening its execution capabilities in battery storage projects and supporting its long-term diversification strategy. 

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