Godawari Power and Ispat has been awarded 52,400 metric tonnes (MT) of Long-Term Coal Linkage in the recently concluded Coal Linkage Auction made by Coal India to be used in the company's Sponge Iron Unit. With this additional quantity of coal linkage the aggregate quantity of coal linkage for Sponge Iron Division shall be 3,50,400 metric tonnes.
In addition to this the company has got 1,20,400 metric tonnes of coal linkage for its Gassifier Unit and 13,900 metric tonnes of coal linkage for its Biomass Power Plant. Thus the total long term coal linkage awarded to the company aggregates to 4,84,700 metric tonnes.
Godawari Power & Ispat is engaged in the production of sponge iron, steel billets, ferro alloys, HB wires, oxygen, fly ash bricks and is also in the power business. GPIL is a flagship company of Raipur-based Hira Group of Industries, which is an integrated steel manufacturer and is having dominant presence in the long product segment of the steel industry; mainly into mild steel wire.