The amount calculated for Uttam Galva is Rs 39.87 billion and for KSS Petron Rs 5.67 billion. : ArcelorMittal has offered to pay around Rs 45 billion as overdue loans of Uttam Galva Steels and KSS Petron to become eligible to bid for Essar Steel, currently going through the insolvency process. The amount calculated for Uttam Galva is Rs 39.87 billion and for KSS Petron Rs 5.67 billion. ArcelorMittal declined to comment on the matter.