Steel stock in focus on updates regarding execution of supply agreement, check share price and other details
Mumbai: Shares of steel wire manufacturer Godawari Power and Ispat Ltd are in focus as the company has important updates regarding the execution of the supply agreement after market hours on Thursday. In its latest filing, the company stated that its wholly-owned subsidiary, Godawari New Energy Private Limited (GNEPL), has entered into a supply agreement with Shanghai Shenyi Roche Energy Technology Limited (Roche Energy). Under this agreement, Roche Energy will supply a 5 MWh DC block on a balance-of-system (CKD) basis for the first phase of GNEPL's 20 GWh Battery Energy Storage System (BESS) plant in Sambhajinagar, Maharashtra. The agreement…