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Godawari Power & Ispat-led arm temporarily shuts down operations at Rajasthan plant

There will not be any major financial impact on the performance of the GGEL.

December 23, 2021 4:25 IST | India Infoline News Service
Godawari Power & Ispat
Godawari Power & Ispat Ltd has informed that the material subsidiary company, Godawari Green Energy Limited (GGEL) has temporarily shut-down its operations at 50 MW Solar Power Plant for complete overhauling and major maintenance of the Plant situated at Village Nokh, Dist: Jaisalmer in the State of Rajasthan, which is expected to be completed within 3 to 4 weeks.

The comapny said on Thursday, "As soon as the plant re-starts, we will intimate the same. There will not be any major financial impact on the performance of the GGEL except the loss of revenue for one month due to above shut-down."

It further added, "We would like to further inform you that the impact of the above-said shut down on consolidated financial performance of Godawari Power and Ispat Limited shall be insignificant."

On Thursday, Godawari Power & Ispat ended at Rs248.80 up by Rs3.2 or 1.3% on the BSE.

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