Godawari to Invest ₹2 Billion for Battery Energy Storage System Manufacturing

The financing will be in addition to the earlier approved ₹5 billion investment

May 21, 2026

/ Parth Shukla
/ Energy Storage, Finance and M&A
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Godawari Power & Ispat’s (GPIL) board of directors announced plans to invest an additional ₹2 billion (~$20.77 million) in its wholly owned subsidiary, Godawari New Energy, to set up a 40 GWh battery energy storage system manufacturing project.

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Parth Shukla

More articles from Parth Shukla.
BESSGodawari New EnergyGodawari Power & Ispatinvestment
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