Business 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. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.