JSW may reduce bid amount for BPSL
  • WebDesk BTVI
  • Jul 16 2019

JSW Steel is likely to reduce bid amount for Bhushan Power and Steel Ltd by around Rs 5,000 crore. Sources say that if JSW Steel is not allowed to revise their bid, the company may decide to back out of the bidding process. However, the final decision on bid for BPSL will be made after JSW Steel receives the forensic audit.