NTPC-MAHAGENCO consortium completes STPL acquisition
NTPC Limited, in consortium with Maharashtra State Power Generation Company Limited (MAHAGENCO), completed the acquisition of Sinnar Thermal Power Limited (STPL) on February 24, 2026. The transaction was executed under a Resolution Plan approved by the National Company Law Tribunal (NCLT) following STPL’s Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016. The acquisition had earlier been disclosed to stock exchanges on June 14, 2025, November 28, 2025, and January 9, 2026, and…
