25.00 (2.04%) JSW Steel is planning to achieve 45 million tonnes per annum (MTPA) capacity well before its target of 2030 as it marks its foray into the eastern region of the country with the acquisition of Bhushan Power and Steel (BPSL). The company has acquired BPSL under the provisions of Insolvency Bankruptcy Code, 2016. This is an important milestone and it is the largest acquisition in the history of JSW Steel. This acquisition not only aligns with its core business and purpose but also establishes its presence and accelerates its growth vision in eastern India.
JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.