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Godawari Power clears key hurdle for Ari Dongri iron ore mine expansion to 6 MTPA, here's detail

News by Aliceblue News Desk

08 Jan 2026

Godawari Power clears key hurdle for Ari Dongri iron ore mine expansion to 6 MTPA, here's detail

Introduction

Leading steel and mining company completes final presentation before State Environmental Assessment Committee for expansion of Ari Dongri Iron Ore Mines in Chhattisgarh.

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Share price movement of Godawari Power

On January 8, 2026, Godawari Power and Ispat Ltd opened at ₹280.55, up 1.85% from its previous close of ₹275.45. The stock reached a high of ₹280.55 (1.85%) and a low of ₹270.35 (-1.85%). By 1:14 PM, it traded at ₹271.05, a -1.60% decrease, with a market cap of ₹18,154.80 crore.

Godawari Power Seeks Mine Clearance

Godawari Power and Ispat Limited completed its final presentation before the State Environmental Assessment Committee on January 7, 2026 for expansion of Ari Dongri Iron Ore Mines in Chhattisgarh, India.

The proposal seeks expansion of mining capacity from 2.35 MTPA to 6 MTPA and increase in mining lease area from 138.96 hectares to 213.01 hectares at Ari Dongri mine site.

The environmental clearance letter will be issued after finalization of minutes. The company stated it will inform exchanges after receipt of environmental clearance for the mining expansion project in Chhattisgarh.

Stock performance of Godawari Power for Period of 1 week, 6 months, and 1 year

Godawari Power and Ispat Ltd delivered a 3.41% return over the past week, 47.6% over the past six months, and 36.4% over the past one year.

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Shareholding pattern of Godawari Power

ParticularsSep 2025Jun 2025Mar 2025
Promoter63.50%63.50%63.50%
FII6.60%6.50%6.60%
DII2%3%2.40%
Public27.40%27.30%27.50%

About Godawari Power

Godawari Power & Ispat Ltd (NSE: GPIL) operates iron ore mining and manufactures pellets, sponge iron, steel billets, wire rods, ferro alloys, and generates electricity.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Godawari Power & Ispat Ltd share price rising today?

A: Godawari Power & Ispat Ltd completed final presentation for environmental clearance to expand Ari Dongri Iron Ore Mines capacity in Chhattisgarh.

Q: What is Godawari Power & Ispat Ltd’s main business focus?

A: Godawari Power & Ispat Ltd focuses on iron ore mining, pellets, sponge iron, steel products, ferro alloys, and captive power generation.

Q: What is the 52-week high and low of Godawari Power & Ispat Ltd stock?

A: Godawari Power & Ispat Ltd stock recorded a 52-week high of ₹290.00 and a 52-week low of ₹145.55.

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