Covid-19, legal tangles throw spanner in JSW bid to regain pole position

Steel company remains third in capacity pecking order due to Dolvi expansion delay, stalled Bhushan Power acquisition.

With the acquisition of Bhushan Power & Steel hanging fire and the expansion of Dolvi Works under a Covid cloud, JSW Steel’s move up the league table of Indian steel producers is now delayed.

With an installed capacity of 18 million tonnes, JSW Steel is the third-largest steelmaker. Public sector steel major Steel Authority of India (SAIL) has an installed capacity of 20.3 million tonnes, confirmed company executives while Tata Steel is at 19.6 million tonnes. Tata Steel figures include Tata Steel standalone, Tata Steel BSL and Tata Steel Long Products.

JSW Steel’s growth — through organic and inorganic routes