NCLT Approves Resolution Plan by NTPC Consortium for Sinnar Thermal Power
NCLT approves the resolution plan submitted by the consortium of NTPC and MAHAGENCO for Sinnar Thermal Power Limited (STPL) on 28 November 2025.
The acquisition of Sinnar Thermal Power Limited will have a moderate impact on NTPC's overall capacity and revenue.
The approval of the resolution plan is a positive step for NTPC as it expands its thermal power assets.
* The National Company Law Tribunal (NCLT), Delhi, approved the resolution plan submitted by the consortium of NTPC Limited and Maharashtra State Power Generation Company Limited (MAHAGENCO) for Sinnar Thermal Power Limited (STPL) on 28 November 2025. * STPL is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code 2016. * STPL owns a coal-based thermal power plant of 5X270 MW (1350MW) capacity at Sinnar, Nashik, Maharashtra. * Implementation is contingent upon the terms outlined in the Resolution Plan and approval order of NCLT, Delhi.
What to do with a filing like this
NTPC Limited filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by NTPC Limited. Read the original for the full detail.