Godawari Power gains 2% after environmental clearance for Maharashtra project
Godawari Power and Ispat shares rose about 2% to 216 rupees after the environment ministry accorded fresh environmental clearance for the construction of an industrial building by a unit in Maharashtra. The clearance removes a regulatory hurdle, supporting capacity expansion and enabling new production activity, the company said.
Godawari Power and Ispat's shares rose about 2% to 216 rupees apiece after the environment ministry granted fresh environmental clearance for construction of an industrial building by the company's unit in Maharashtra. The company said the clearance removes a regulatory hurdle and supports capacity expansion as well as new production activity. The stock is down about 20% year to date. Reporting by Bharath Rajeswaran in Bengaluru.
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