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ArcelorMittal Nippon Steel India acquires Bhander power plant in Gujarat

ArcelorMittal Nippon Steel India acquires Bhander power plant in Gujarat

ArcelorMittal Nippon Steel India (AM/NS India) has announced that it has acquired Bhander power plant at Hazira in Gujarat.

The natural gas-based thermal plant was purchased by AM/NS India under the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest (SARFAESI) Act.

Originally written on March 4, 2020 and last modified on November 21, 2020.
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