NTPC Limited announces that the resolution plan submitted by the consortium of NTPC and MAHAGENCO for Sinnar Thermal Power Limited (STPL) has been approved by the National Company Law Tribunal (NCLT), Delhi on November 28, 2025. The implementation is subject to the terms and applicable laws.
Resolution Plan Approval
The resolution plan submitted by the consortium of NTPC Limited and Maharashtra State Power Generation Company Limited (MAHAGENCO) for Sinnar Thermal Power Limited (STPL) has received approval. This significant milestone was reached on November 28, 2025, with the National Company Law Tribunal (NCLT), Delhi, granting its approval.
Details of Sinnar Thermal Power Limited
STPL, undergoing Corporate Insolvency Resolution Process (CIRP), owns a coal-based thermal power plant. The plant has a capacity of 5X270 MW (1350MW) and is located in Sinnar, Nashik, Maharashtra.
Implementation Contingencies
The implementation of this resolution plan is contingent upon the terms outlined within the plan. It is also subject to the approval order of NCLT, Delhi, along with applicable laws.
Source: BSE