STOCKWATCH
·
Power Generation
Acquisitions28 Nov 2025, 09:21 pm

NTPC-MAHAGENCO Consortium's Resolution Plan for Sinner Thermal Power Approved by NCTL

AI Summary

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, NTPC Ltd. informs that the Resolution Plan submitted by the Consortium of Maharashtra State Power Generation Company Limited (MAHAGENCO) and NTPC Limited for Sinnar Thermal Power Limited, a company undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016, has been approved by the Hon'ble National Company Law Tribunal, Delhi, on 28th November 2025. The implementation of the resolution plan is contingent upon the terms outlined in the Resolution Plan and approval order of NCLT, Delhi, as applicable under the prevailing laws. Sinnar Thermal Power Limited owns a Coal based thermal power plant of 5X270 MW (1350MW) capacity at Sinnar, Nashik, Maharashtra.

Key Highlights

  • NTPC-MAHAGENCO Consortium's Resolution Plan for Sinner Thermal Power approved by NCTL
  • Resolution Plan submitted for Sinnar Thermal Power Limited under CIRP
  • Sinnar Thermal Power Limited owns a 1350MW coal-based thermal power plant in Nashik, Maharashtra
  • Implementation of the resolution plan subject to terms and conditions
  • Approval from Hon'ble National Company Law Tribunal, Delhi
NTPC
Power Generation
NTPC LTD.

Price Impact