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GPIL Godawari Power And Ispat News Story

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India's Godawari Power declines after reporting fatal accident

** Shares of Godawari Power and Ispat Ltd  GDPI.NS drop 2% to 251.27 rupees, set for fourth straight session of loss

** Iron ore miner and steel producer on Saturday said six employees were killed and six others injured after an accident at its Siltara plant the previous day

** GDPI to offer a combined 4.6-million-rupee (about $52,000) compensation to families of accident victims

** YTD, stock gains nearly 24%

($1 = 88.7430 Indian rupees)

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

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