Godawari Power & Ispat Ltd. (GPIL) a public Ltd. Co., formally Ispat Godawari Ltd (IGL), a pioneer constituent belonging to HIRA Group of Industries, Raipur, C.G. was incorporated in 1999 to set up an integrated steel plant with captive power generation under the guidance of visionary leadership of Mr. B. L. Agrawal, Managing Director, a techno commercial visionary having proven wide experience in commissioning & running of Cement Plant, Sponge Iron Plant etc., backed by a dedicated team of professionally qualified personnel under the stewardship of Board of Directors having expertise in Engineering finance administration GPIL is listed with the National Stock Exchange and Bombay Stock Exchange.
GPIL is a flagship Company of Raipur-based Hira Group of Industries having dominant presence in the long product segment of the Steel industry, mainly into mild steel wire. Today, GPIL is an end-to-end manufacturer of mild steel wires. In the process, the company manufactures sponge iron, billets, Ferro alloys, captive power, wires rods (through subsidiary company), steel wires, Oxygen gas, fly ash brick and last but not the least iron ore pellets. GPIL is also awarded rights for Iron Ore and Coal Mining for captive consumption, as a result of which, the company has managed to traverse the entire value chain (raw material to final product) in steel wires and hss now become a fully integrated steel manufacturer.
GPIL has come a long way since it started its operation in Raipur, Chhattisgarh as a sponge iron manufacturer in the year 2001. Over the last few years, the company has scaled up its capacity five fold and has become one of the largest players in the mild steel wires segment. GPIL has also become one of the pioneers in the field of IRON ORE PELLETIZATION, having installed a Pellet Plant of 1.80 MTPA capacity and successfully operating it at 100% rated capacity. Not only has the company increased its scale during the aforesaid period, it has also moved up the value chain.
None can see the future. Yet, we need to make our own judgment about it to make decisions and be better prepared for what is expected to come on our way.
Well, this is what we did at GPIL. Thinking and acting ahead of anticipated events with a pro- active mindset. As the steel and power industry struggled to stay afloat and not be bogged by market vagaries, GPIL remained unperturbed.
In hindsight, we are proud to say our proactive mindset was a natural progression. Our long-sighted vision enabled us to think ahead and create a flexible business model. Despite a challenging year of 2012-13, we achieved higher operational efficiencies. Our approach towards backward integration – setting up a PELLETISATION PLANT – insulated us from market adversities. It enabled us to anticipate the upcoming challenges well in advance and convert them into opportunities. Moving forward, our endeavor continues to be constant value creation in the businesses we operate in and to generate a sustainable growth path for the future.
SOLAR POWER PLANT
GPIL has commissioned its 50 MW solar thermal power project in 2013 at village Nokh of district Jaisalmer, Rajasthan under Jawaharlal Nehru National Solar Mission of Government of India through its wholly owned Subsidiary Company M/s Godawari Green Energy Ltd (GGEL).
GPIL has been granted mining lease for 2 iron ore mines at Ari Dongri (which is already in operation since mid of 2008) and Boria Tibu in Chattisgarh. This would be on an area of 216 hectare & prospecting license for another iron ore mines with an area of 754 hectare in Chattisgarh.
Consistent with the vision, GPIL continually endeavors in mastering techniques for improving the factors affecting there mission with environment, customers, benefits to society, public Image, philosophy & values, profitability & growth; pursuing innovation, creativity, diversity, environment excellence and change.
We believe in blue ocean strategy—a sound strategy model to put technology to use in a commercial way inducting low cost process planning, preparing new technology road map benchmarking of process with world’s best to ensure desired outputs from the inputs.