Godawari Power rises 3% as co to acquire 51% stake in JPL for Rs 255 cr

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Godawari Power rises 3% as co to acquire 51% stake in JPL for Rs 255 cr - Business Standard

Quick Summary:

This move not only strengthens GPIL’s asset base but also mitigates risk and unlocks new market opportunities, underscoring the company's dedication to responsible growth.

It operates manufacturing units in Kathua, Jammu & Kashmir (J&K), and Kota, Rajasthan, with subsidiaries that are wholly owned by JPL.

The company also processes complex mixtures of hazardous industrial waste to recover valuable metals such as lead, tin, zinc, copper, and cadmium.