Godawari Power and Ispat has received approval to set-up an Integrated Steel Plant with a capacity to manufacture 1.00 million tons per annum of Iron & Steel finished products in the form of heavy & medium section structural steel and wire rods to strengthen its presence in the steel sector and capitalize on the growing demand for structural steel in India.

The Integrated Steel Plant is proposed to be set up at village Sarora, Tehsil Tilda, District Raipur, Chhattisgarh, which is 50 KMs near Raipur, Chhattisgarh at the cost envisaged at Rs 7000 crore to be funded through debt and equity (internal accruals) in the ratio of 1:1. The Board of Directors of the company at its meeting held on March 24, 2026, has considered and approved the same. 

Godawari Power and 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.