Acquisitions25 Feb 2026, 10:07 am
NTPC Ltd Completes Acquisition of 1350MW Coal-based Thermal Power Plant
AI Summary
NTPC Ltd, in collaboration with Maharashtra State Power Generation Company Limited (MAHAGENCO), has successfully completed the acquisition of Sinnar Thermal Power Limited (STPL). The acquisition was carried out in accordance with the Resolution Plan approved by the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code 2016 (IBC). STPL owns a 1350MW coal-based thermal power plant located in Sinnar, Nashik, Maharashtra. This acquisition increases NTPC group's total installed capacity to 88,132 MW and commercial capacity to 87,052 MW.
Key Highlights
- NTPC Ltd and MAHAGENCO complete acquisition of Sinnar Thermal Power Limited
- Acquisition involves a 1350MW coal-based thermal power plant in Sinnar, Nashik, Maharashtra
- Transaction completed in accordance with NCLT approved Resolution Plan under IBC 2016
- NTPC group's total installed capacity now stands at 88,132 MW
- Commercial capacity of NTPC group increased to 87,052 MW