Board of Godawari Power & Ispat approves setting up integrated steel plant in Chhattisgarh

At meeting held on 27 July 2021

The Board of Godawari Power & Ispat (GPIL) at its meeting held on 27 July 2021 has approved in principle the proposal for setting up of Integrated Steel Plant with a capacity of 1.5 to 2 Million Tons of Flat Products in the State of Chhattisgarh under PLI Scheme (Production-Linked Incentive Scheme). The estimated capital outlay shall be around Rs.3000 to 4000 crore. The Company has initiated the process for land acquisition, obtaining of Environmental clearances, etc. for setting up of the said project and the final cost of project shall be finalized in due course.

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