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Tata Steel raises concerns over power theft in Bhushan Power's plant

Some service providers to Bhushan Power and Steel have also found theft in the plant during the moratorium period

Veena Mani  |  New Delhi 

Bhushan Power & Steel
Bhushan Power & Steel

has raised concerns over in Bhushan Power and Steel's plant at Jharsuguda in Odisha.

Sources say that had mentioned this in one of the committee of creditors meetings. Some service providers to have also found theft in the plant during the moratorium period and plan to move the (NCLT) on the issue, said the sources.

An email sent to and the resolution professional of went unanswered. Tata Steel has emerged as the highest bidder to take over the beleaguered through insolvency process. Others in the race were Liberty House and JSW Steel.

ALSO READ: Operational creditors of Bhushan Power may halt work at Jharsuguda plant

While Tata Steel and JSW had submitted their bids within the stipulated time, Liberty House submitted its bid after.

First Published: Wed, July 11 2018. 01:21 IST
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