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JFE’s Bhushan Steel deal to help JSW slash debt
Hindustan Times Gurugram
|December 04, 2025
In a deal that is expected to ease its stretched balance sheet while sustaining an expansion drive, billionaire Sajjan Jindal-led JSW Steel will transfer the steel assets of Bhushan Power & Steel Ltd (BPSL) into a new 50:50 joint venture with Japan's JFE Steel Corp.
This is one of the largest foreign direct investments by a Japanese firm in India.
(AP)
The deal, anchored by JFE’s ₹15,750-crore commitment, is expected to nearly halve JSW Steel's debt and ring-fence the BPSL assets under a clean JV structure. This will be the second joint venture between the two companies, the other being JSW JFE Electrical Steel.
Bu hikaye Hindustan Times Gurugram dergisinin December 04, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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