JSW acquires Bhushan Power & Steel; creditors get Rs19,350 crore

BPSL has an integrated steel unit with a capacity of 2.5 million tonnes per annum in Jharsuguda, Orissa.JSW informed that as part of the payment, a sum of ₹8,614 crore in PSL, a subsidiary of the company, was arranged through a mix of equity, optionally convertible instruments and debt