New Delhi, February 25 State-owned power giant NTPC announced on Wednesday that a consortium consisting of the company and MAHAGENCO has completed the acquisition of Sinnar Thermal Power under insolvency proceedings on February 24.
However, NTPC did not disclose the value of the transaction in a regulatory filing regarding this.
According to the filing dated February 24, 2026, the consortium of Maharashtra State Power Generation Company Ltd (MAHAGENCO) and NTPC Ltd has completed the acquisition of Sinnar Thermal Power Ltd (STPL), which was undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC), in accordance with the Resolution Plan approved by the NCLT.
STPL owns a 5x270 MW (1,350 MW) coal-based thermal power plant in Sinnar, Nashik, Maharashtra.
With the completion of this transaction, the total installed capacity of the NTPC group stands at 88,132 MW and the commercial capacity at 87,052 MW, it said.
