GPIL Resumes Operations at Siltara Pellet Plant After 34-Day Shutdown

Godawari Power and Ispat Ltd (GPIL) has resumed operations at its 1.8 MTPA iron ore pellet plant in Siltara, Chhattisgarh, after a 34-day shutdown due to an incident during routine inspection. The halt led to a production loss of ~150,000 metric tons. Despite the setback, GPIL remains confident of achieving its annual production targets, citing no further maintenance shutdowns planned for the current fiscal year—indicating plans for catch-up through improved operational efficiency. The resumption underscores the company’s resilience in India’s critical steel supply chain. Investors will watch upcoming results for financial impact and recovery progress, as sustained demand for pellets supports sectoral optimism.