India: Godawari Power & Ispat focuses on capacity expansion in FY’22

Central India-based Godawari Power and Ispat Ltd (GPIL) has announced low-cost capacity expansion plans for FY’22. The company’s expansion plans include:

• Increasing iron ore mining capacity to 3 mn t per annum in FY’22 from the current 2.1 mn t/year.
• Enhancing iron ore pelletisation capacity to 2.4 mn t/year against 2.1 mn t at present.
• Augmenting billet production capacity to 0.7 mn t/year compared to 0.4 mn t in FY’21.