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JSW Steel may rope in a partner to fund Bhushan Power acquisition

Updated : October 19, 2018 04:32 PM IST

The company had implemented a similar model when it acquired Monnet Ispat under the Insolvency and Bankruptcy Code (IBC) when it partnered with AION Investments.
The flagship company of Sajjan Jindal-led JSW group is already has a debt of approximately Rs 39,600 crores, and the acquisition of Bhushan Power will add a significant cost burden to the steel-maker. 
JSW Steel may rope in a partner to fund Bhushan Power acquisition

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