NTPC, MAHAGENCO sign SHA for Sinnar Thermal acquisition
NTPC Limited has informed the stock exchanges that it signed a Shareholder Agreement (SHA) with Maharashtra State Power Generation Company Limited (MAHAGENCO) on 9 January 2026. The agreement formalises the consortium arrangement for the acquisition of Sinnar Thermal Power Limited (STPL), which is undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The acquisition follows approval of the consortium’s resolution plan by the Hon’ble National Company Law Tribunal (NCLT), Delhi,…

