Bhushan Power & Steel
Indian steel company / From Wikipedia, the free encyclopedia
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JSW Bhushan Power & Steel Limited (JSW BPSL)[1] formerly known as Bhushan Power & Steel Limited is a steel company that is engaged in the manufacturing and marketing of steel products.[2] It was established in 1970. In July 2019, BPSL was allegedly involved in fraud worth ₹3805.15 crore rupees (US$535.23 million),[3] as detected by Punjab National Bank.[4][5] It is one of India's most indebted companies and appears among the 12 companies referred by the Reserve Bank of India (RBI) to a bankruptcy court for the purpose of debt resolution.[6][2]
Quick Facts Company type, Industry ...
Company type | Private |
---|---|
Industry | Steel |
Founded | 1970 |
Headquarters | , |
Owner | Sajjan Jindal |
Parent | JSW Steel |
Website | https://www.jswsteel.in/bhushan-power-steel-limited-works |
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- Not to be confused with Bhushan Steel, another company promoted by the same family