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04 Mar 2026
Godawari Power and Ispat has increased its sponge iron capacity at its Raipur plant to 6.5 lakh tonnes from 5.94 lakh tonnes, with the expansion becoming operational from February 28 after regulatory approval. The plant also has a hard bright wire capacity of 1.15 lakh tonnes. Sponge iron serves as a crucial raw material for steel production in Electric Arc Furnaces and Induction Furnaces, while HB wire is used in nails, fasteners, and construction applications. The company has not shared any financial details regarding the expansion.Read more
17 Jul 2025
Godrej Properties Ltd has forayed into the Raipur market with the acquisition of approximately 50 acres of land earmarked for premium plotted residential development. The project is expected to offer around 9.5 lakh square feet of saleable area. This strategic land purchase aligns with the company's broader vision to strengthen its presence in emerging real estate markets across India. The expansion highlights Godrej Properties' continued focus on diversifying its footprint beyond metropolitan hubs and into high-potential tier-2 cities.Read more
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23 Apr 2025
Durg is undergoing a major transformation with infrastructure projects collectively exceeding INR 5,000 crore. Key among them is the 92 km Durg-Raipur-Arang Expressway under Bharatmala, set to cut travel time to Raipur to just 20 minutes by 2025. A metro feasibility study linking Raipur and Durg is also underway with a INR 5 crore allocation. Industrial growth is supported by new conveyor belt and farm equipment units, while NSPCL plans a 250 MW power addition in Bhilai. With the proposed 530 km Raipur-Hyderabad Expressway also passing through, Durg is poised to become a central industrial and transport hub in Chhattisgarh.Read more
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