JSW Steel makes â¹19,700 cr offer for Bhushan Power: Reports
Sajjan Jindal-led JSW Steel has reportedly submitted a â¹19,700-crore resolution plan for Bhushan Power and Steel (BPSL), which owes over â¹45,000 crore to lenders. Tata Steel and UK's Liberty House have reportedly offered â¹17,000 crore and â¹19,000 crore respectively for BPSL. Tata Steel had recently acquired Bhushan Steel (BSL) through the Insolvency and Bankruptcy Code process.