Godawari New Energy (GNEPL), a wholly owned subsidiary of Godawari Power & Ispat (GPIL), has announced it plans to expand the capacity of its 10 GWh battery energy storage system (BESS) manufacturing plant to 40 GWh.

GPIL, a flagship company of HIRA group, had in November announced that its board of directors had approved setting up a 10 GWh BESS manufacturing facility in Maharashtra.

The company will invest ₹16.25 billion (~$178.74 million) in the BESS plant, which will be commissioned in two phases.

In the first phase to be commissioned in the financial year (FY) 2027, the company will set up a capacity of 20 GWh, with an investment of ₹10.25 billion (~$112.74 million).

In the second phase to be commissioned in FY 2029, the company will expand the capacity to 40 GWh at a cost of ₹6 billion (~$65.99 million).

GPIL said that the expansion of the BESS plant will enable effective land utilization, lower building structural costs, and entail lower investment.

The BESS project will be partly funded by GNEPL’s debt raise and partly by GPIL’s equity infusion.

GPIL is also setting up a 2 MTPA greenfield integrated steel plant, which will feature a Cold Rolling Mill (CRM). The contract for the engineering, design, manufacture, and supply of this mill has been entrusted to John Cockerill India. This CRM project will supply part of the raw material for manufacturing containers to GNEPL’s BESS plant.

According to India’s Energy Storage Landscape 1H 2025 Report by Mercom Research, the country added 48.4 MWh of energy storage capacity in the first half of 2025, a 74% decline from 186 MWh added in the same period last year. India’s cumulative installed energy storage capacity reached 490 MWh, and its standalone BESS pipeline stood at 13.7 GWh by the end of June 2025.