MAHAGENCO and NTPC consortium's resolution plan for Sinnar Thermal Power Ltd approved by NCLT

The Resolution Plan submitted by the Consortium of Maharashtra State Power Generation Company Limited (MAHAGENCO) and NTPC Limited ("Consortium") for Sinnar Thermal Power Limited ("STPL"), a company undergoing Corporate Insolvency Resolution Process ("CIRP") under the Insolvency and Bankruptcy Code 2016 ("IBC"), has been approved by the Hon'ble National Company Law Tribunal, Delhi, on 28th November 2025.

The implementation of the resolution plan is contingent upon the terms outlined in the Resolution Plan and approval order of NCLT, Delhi, as applicable under the prevailing laws.

STPL owns a coal based thermal power plant of 5X270 MW (1350MW) capacity at Sinnar, Nashik, Maharashtra.

Shares of NTPC Limited was last trading in BSE at Rs. 326.60 as compared to the previous close of Rs. 327.20. The total number of shares traded during the day was 401013 in over 4061 trades.

The stock hit an intraday high of Rs. 328.00 and intraday low of 324.30. The net turnover during the day was Rs. 130973286.00.

Source : Equity Bulls

Keywords

NTPC INE733E01010 MAHAGENCO Consortium ResolutionPalnt NCLTApproval SinnarThermalPower