Bhushan Power & Steel Limited: JSW & lenders working out compromise to complete BPSL deal
The bone of contention in the discussions is the Rs 1000 crore cash flows BPSL has generated between March and now which both parties do not want to let go.
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Bhushan Power is an India-based steel processing company that manufactures and distributes galvanized sheets, billets, wire rods, and sponge iron for the industrial sector.
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