Home » Gujarat state GK MCQ » Which Indian Steel Company recently acquired Bhander power plant in Gujarat from Edelweiss Asset Reconstruction Company?

Which Indian Steel Company recently acquired Bhander power plant in Gujarat from Edelweiss Asset Reconstruction Company?

April 21, 2024 by rawan239

Tata Steel

JSW Steel

Jindal Steel and Power

Arcelor Mittal Nippon Steel India

The correct answer is: C. Jindal Steel and Power

Jindal Steel and Power Limited (JSPL) is an Indian multinational steel and power company headquartered in

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New Delhi. It is the flagship company of the Jindal Group. The company has a presence in steel, power, mining, infrastructure, and real estate.

In 2022, JSPL acquired the Bhander power plant in Gujarat from Edelweiss Asset Reconstruction Company. The plant has a capacity of 1,200 MW and is located in the Kutch district of Gujarat. The acquisition of the plant is part of JSPL’s strategy to expand its power generation capacity.

The other options are incorrect.

Tata Steel is an Indian multinational steel company headquartered in Jamshedpur, Jharkhand. It is the largest steel producer in India and the second largest in Asia.
JSW Steel is an Indian multinational steel company headquartered in Vijayanagar, Karnataka. It is the third largest steel producer in India.
ArcelorMittal Nippon Steel India is a joint venture between ArcelorMittal and Nippon Steel Corporation. It is the fourth largest steel producer in India.

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