Hot Pursuit     12-Dec-24
Godawari Power sizzles after gas supply deal with GAIL
Godawari Power & Ispat spurted 6.24% to Rs 248.70 after the company signed a seven-year deal with GAIL for RLNG gas supply to its upcoming pellet plant.
Godawari Power has entered into an agreement with GAIL (India) on 10 December 2024 for supply of RLNG Gas for the company's upcoming pellet plant in the ordinary course of business for a period of seven years.

Godawari Power & Ispat is the flagship arm of Chhattisgarh-based Hira Group of Industries. The company has two captive iron ore mines, pellet plant and a vertically integrated steel plant in Raipur. The steel plant manufactures sponge iron, billets, MS rounds, HB wires, ferro alloys and pre-fab structures.

The company’s consolidated net profit declined 38.05% to Rs 159.12 crore on 1.81% decrease in revenue to Rs 1,267.57 crore in Q2 FY25 over Q2 FY24.

Previous News
  Godawari Power & Ispat receives PGCIL approval for its steel billets
 ( Corporate News - 03-Jul-25   13:49 )
  GAIL (India) goes live with SAP S/4HANA Cloud
 ( Corporate News - 26-Jun-25   15:35 )
  GAIL (India) Ltd soars 1.44%, up for fifth straight session
 ( Hot Pursuit - 11-Jun-25   13:00 )
  GAIL (India) Ltd soars 1.52%, rises for third straight session
 ( Hot Pursuit - 09-Jun-25   13:05 )
  GAIL (India) receives ESG rating of 62
 ( Corporate News - 07-Jun-25   10:59 )
  GAIL (India) successfully commissions breakwater project at Dabhol LNG Terminal
 ( Corporate News - 06-Jun-25   14:07 )
  Godawari Power & Ispat consolidated net profit rises 1.35% in the March 2025 quarter
 ( Results - Announcements 21-May-25   07:37 )
  Board of Godawari Power & Ispat recommends final dividend
 ( Corporate News - 20-May-25   21:09 )
  GAIL (India) Ltd rises for third straight session
 ( Hot Pursuit - 20-May-25   13:05 )
  Oil India Ltd Slips 0.88%
 ( Hot Pursuit - 15-May-25   09:30 )
  GAIL (India)
 ( Results - Analysis 14-May-25   08:22 )
Other Stories
  Rajshree Polypack bags Rs 3-cr supply order
  05-Jul-25   16:04
  Power and Instrumentation secures Rs 3-cr work order from Nyati Engineering & Construction
  05-Jul-25   15:06
  RVNL bags Rs 143 cr LoA from Southern Railway for traction system upgrade in Tamil Nadu
  05-Jul-25   13:27
  Dhanlaxmi Bank gross advances rises 17% YoY in Q1 FY26
  05-Jul-25   12:45
  Texmaco Rail secures Rs 36-cr wagon order from TCI
  05-Jul-25   12:12
  Hazoor Multi Projects bags Rs 913-cr solar order from Apollo Green Energy
  05-Jul-25   11:27
  BEML secures $6.23 million export orders
  05-Jul-25   11:04
  Shakti Pumps raises Rs 292.6 crore via QIP; PineBridge, LIC MF among top investors
  05-Jul-25   09:52
  Bank of Maharashtra’s total deposits climb 14% YoY to Rs 3.05 lakh crore in Q1
  04-Jul-25   17:35
  GPT Infraprojects bags supply contract from Bangladesh-based Standard Engineers
  04-Jul-25   16:01
Back Top