Bhushan Power & Steel
JSW Bhushan Power & Steel Limited (JSW BPSL) formerly known as Bhushan Power & Steel Limited is a steel company that is engaged in the manufacturing and marketing of steel products. It was established in 1970. In July 2019, BPSL was allegedly involved in fraud worth ₹3805.15 crore rupees (US$535.23 million), as detected by Punjab National Bank. 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.
| Company type | Private |
|---|---|
| Industry | Steel |
| Founded | 1970 |
| Headquarters | New Delhi , |
| Owner | Sajjan Jindal |
| Parent | JSW Steel |
| Website | https://www.jswsteel.in/bhushan-power-steel-limited-works |
- Not to be confused with Bhushan Steel, another company promoted by the same family
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