Godawari Power Gets Offer for 31.45-Acre Industrial Plot in AURIC for CRM Project
Godawari Power and Ispat Limited (GPIL) has received an offer letter for allotment of an industrial plot measuring approximately 31.45 acres at the AURIC Bidkin Industrial Area in Maharashtra.
The land has been offered by Maharashtra Industrial Township Limited (MITL) for setting up a proposed CRM project.
GPIL received the offer letter on September 24, 2026, following its issuance by MITL on September 22.
31.45 Acres Offered at AURIC Bidkin
According to the company’s exchange filing, the offered industrial plot is:
- Plot: 4-3, Sector No. 25
- Area: 127,285.98 square metres
- Approximate area: 31.45 acres
- Location: AURIC Bidkin Industrial Area
- District: Chhatrapati Sambhaji Nagar, Maharashtra
- Proposed use: CRM project
The offer has been made by Maharashtra Industrial Township Limited.
CRM Project Planned at the Site
GPIL said the land is being offered for setting up a CRM project.
CRM generally refers to a Cold Rolling Mill, which is used to process steel into cold-rolled products with controlled thickness, surface finish and mechanical properties.
The proposed project could therefore support GPIL’s efforts to expand its downstream steel-processing capabilities.
However, the September 25 disclosure does not provide the proposed project cost, production capacity, implementation schedule or expected revenue contribution.
Important: This Is a Land Offer, Not Yet a Completed Acquisition
The disclosure relates to an offer letter for allotment of industrial land.
It should therefore not be interpreted as confirmation that GPIL has already acquired the land or commissioned the proposed CRM facility.
The next developments to watch would include acceptance of the offer, completion of allotment and acquisition formalities, followed by details of the proposed investment and project implementation.
What Investors Should Watch
For GPIL, the important follow-up announcements could include:
- Final allotment of the 31.45-acre plot
- Land acquisition cost
- CRM project capacity
- Total project capex
- Funding arrangements
- Project implementation timeline
- Equipment orders
- Commercial production date
- Expected contribution to revenue and margins
The company has not disclosed a capex figure in the current announcement.
Bottom Line
Godawari Power and Ispat has received an offer from Maharashtra Industrial Township Limited for approximately 31.45 acres of industrial land at AURIC Bidkin Industrial Area, Maharashtra.
The land is proposed to be used for setting up a CRM project. The announcement is potentially relevant to GPIL’s future downstream steel capacity, but details such as project cost, capacity and commissioning timeline have not yet been disclosed.
Investors will need to watch subsequent filings for confirmation of the land allotment and details of the proposed CRM investment.
Disclaimer: This article is based on Godawari Power and Ispat’s stock-exchange disclosure dated September 25, 2026. The current announcement concerns an offer for industrial land and does not disclose the project’s capex, capacity or financial returns. This article is for informational purposes only and should not be considered investment advice.
