NTPC-MAHAGENCO Consortium Acquires Sinnar Thermal Power Plant

• State-owned power giant NTPC and MAHAGENCO consortium completed the acquisition of Sinnar Thermal Power.
• The acquisition was finalized under insolvency proceedings on February 24.
• Sinnar Thermal Power Ltd (STPL) owns a 5x270 MW (1,350 MW) coal-based thermal power plant in Nashik, Maharashtra.
• The acquisition was approved by NCLT under the Insolvency and Bankruptcy Code 2016 (IBC).
• NTPC group's total installed capacity now stands at 88,132 MW, with commercial capacity at 87,052 MW.