Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Godawari Power & Ispat has received environmental clearance from the Ministry of Environment & Forests & Climate Change, to raise the annual iron ore production capacity from 1.405mn mt to 2.35mn mt at Ari Dongri, Chhattisgarh. The certificate also allows it to set up a beneficiation plant with an annual capacity of 600,000mt.


A company spokesperson said the production at expanded capacity will initiate in the next two to three months. It would also make the company self-sufficient as it will enable the company to meet its ore requirement through captive mines. The company further states that it will be able to save money spent on external purchases, which are currently 20pc of their requirement.


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