NTPCNSENTPC Limited· PowerHighPositive
Announced Wed, 25 Feb · 10:02 IST

NTPC Limited has informed the Exchange regarding 'Completion of acquisition of Sinnar Thermal Power Limited by Consortium of NTPC Ltd and Maharashtra State Power Generation Company Limited (MAHAGENCO) on 24th February 2026.'.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NTPC, along with Maharashtra State Power Generation Company (MAHAGENCO), has completed the acquisition of Sinnar Thermal Power Limited (STPL) on 24th February 2026. STPL was undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, and the acquisition was executed per the NCLT-approved Resolution Plan. STPL owns a 1,350 MW (5x270 MW) coal-based thermal power plant located at Sinnar, Nashik, Maharashtra. With this addition, NTPC Group's total installed capacity has risen to 88,132 MW, while commercial capacity stands at 87,052 MW.

Likely market impact

This acquisition adds 1,350 MW of operational thermal capacity to NTPC's portfolio and strengthens its footprint in Maharashtra. It is capacity-accretive and could support future revenue, though investors should watch for any associated financial liabilities or integration costs from the insolvency acquisition.