NTPC, MAHAGENCO Consortium Completes Acquisition of 1,350 MW Sinnar Thermal Power Plant

The consortium of NTPC Ltd and Maharashtra State Power Generation Company Ltd (MAHAGENCO) completed the acquisition of Sinnar Thermal Power Ltd , the company informed in a regulatory filing.The transaction was finalised under the Corporate Insolvency Resolution Process (CIRP) of the Insolvency and Bankruptcy Code, 2016 (IBC).

STPL owns a coal-based thermal power plant located in Sinnar, Nashik, Maharashtra. The facility possesses a generation capacity of 1,350 MW, configured as five units of 270 MW each (5x270 MW).

With the completion of this transaction, the total installed capacity of the NTPC group has increased to 88,132 MW. Additionally, the group's commercial capacity now stands at 87,052 MW, as per the disclosure.