JSW Steel Joint MD and CEO Jayant Acharya said that the company has filed a review in Supreme Court for BPSL case and ...

JSW Group remains confident in its expansion plan, targeting a 50 million tonne capacity by 2030-31, despite a Supreme Court ...

JSW Steel had acquired BPSL as part of its aggressive expansion plan and invested ₹3,500–4,500 crore post-acquisition to expand capacity from 2.75 MT to 4.5 MT. Plans were in place to raise it ...

At the time of its insolvency admission, BPSL had outstanding liabilities exceeding Rs 45,000 crore. JSW Steel had submitted the highest bid for the company during the resolution process.

JSW has since integrated BPSL into its operations. In the fourth quarter of FY25, BPSL recorded crude steel production of 0.98 million tonnes and a net profit of Rs 42 crore.

India's top court on Monday halted the liquidation proceedings of Bhushan Power and Steel (BPSL), weeks after it rejected JSW Steel's $2.3 billion deal to acquire the firm.

JSW Steel to pay BPSL lenders By Suresh P. Iyengar. Updated - March 25, 2021 at 10:16 PM ... FILE PHOTO: The logo of JSW is seen on the company's headquarters in Mumbai, India, February 11, 2016.

The Supreme Court ruling against JSW Steel’s resolution plan for BPSL take over is likely to have an adverse bearing on the financials of the Sajjan Jindal-led steel major which may witness ...

JSW Steel faces capacity setback after Supreme Court cancels acquisition of BPSL, impacting goal of 50 MTPA by 2031. BPSL currently contributes about 12 per cent of JSW Steel’s 34 mtpa production ...

Apart from new projects, JSW Steel had also planned expansion of BPSL from 4.5 MTPA to 10 MTPA and proposed Paradip plant’s capacity from 13.2 MTPA to 24 MTPA for which an MoU has already been ...