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Shrikant Pandey

10th Feb · SEBI-Registered Analyst

GPIL

Godawari Power & Ispat Gets Go-Ahead for Expanded Ari Dongri Iron Ore Mining • ⛏️ Capacity Expansion Approved: Received Consent to Operate for Ari Dongri Iron Ore Mines in Chhattisgarh. • 📈 Mining Capacity Raised: Capacity increased from 2.35 MTPA to 6 MTPA; mining lease area expanded to 213.01 hectares. • 🏭 Immediate Operations: Mining at enhanced capacity commenced immediately after approval. • 🔗 Raw Material Security: Higher captive iron ore availability strengthens cost control and margin visibility for GPIL’s steel operations. 🟢 Impact: Positive Enhanced mining capacity improves raw material self-sufficiency, supports volume growth, and strengthens long-term profitability outlook.

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