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Tata Steel is likely to have an edge in the battle for Bhushan Power & Steel after the Committee of Creditors (CoC) sat through presentations on resolution plans from all bidders on Monday.
All the three bidders — Tata Steel, Liberty House and JSW Steel — made presentations on their resolution plans.
Lenders who met informally after the presentations might be in favour of Tata Steel's resolution plan, since there were some concerns regarding the funding plan of Liberty House, sources said.
Tata Steel is said
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