Sinnar Thermal Power Takeover Finalised Through Insolvency Process
New Delhi, February 25: State-owned power major NTPC Ltd on Wednesday announced that a consortium comprising the company and Maharashtra State Power Generation Company Ltd has completed the acquisition of Sinnar Thermal Power Ltd on February 24.The acquisition was carried out under the Corporate Insolvency Resolution Process as per the Insolvency and Bankruptcy Code 2016. In a regulatory filing dated February 24, 2026, NTPC said the takeover was executed in accordance with the Resolution Plan approved by the National Company Law Tribunal.
The company, however, did not disclose the value of the transaction.
1,350 MW Coal-Based Plant in Maharashtra Added to Portfolio
Sinnar Thermal Power owns a 5x270 MW coal-based thermal power plant with a total capacity of 1,350 MW. The facility is located in Sinnar, Nashik district, Maharashtra.The acquisition marks a significant addition to the operational portfolio of the NTPC-MAHAGENCO consortium, strengthening their presence in Maharashtra’s thermal power generation segment.
NTPC Group Capacity Rises to 88,132 MW
Following the completion of the transaction, the total installed capacity of the NTPC group has risen to 88,132 MW. The company stated that its commercial capacity now stands at 87,052 MW.The development further consolidates NTPC’s position in India’s power generation landscape, with the newly acquired thermal asset now forming part of its expanding capacity base.
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