◂ Announcements

Jan 9, 2026ACQUISITIONSinnar, Nashik, Maharashtra, India

NTPC and Mahagenco agree to acquire Singareni Thermal Power for ₹38B

NTPC and Maharashtra State Power Generation Company (Mahagenco) agreed to jointly acquire Singareni Thermal Power Limited (STPL) for ₹38 billion.

Value

$456.0M (38.0B INR)

Status

Announced

Capacity

1,350 MW

Productsthermal power generation

CompaniesNTPC Limited acquirer Maharashtra State Power Generation Company acquirer Singareni Thermal Power Limited target MAHAGENCO acquirer Sinnar Thermal Power target

Sectors#Power Generation Equipment

“NTPC and Maharashtra State Power Generation Company (Mahagenco) have agreed to jointly acquire Singareni Thermal Power Limited (STPL) for ₹38 billion.”scanx.trade

2 sources
scanx.tradeNTPC and Mahagenco Agree to Acquire STPL for ₹38 BillionDhanJan 9, 2026
energy.economictimes.indiatimes.comNTPC and MAHAGENCO Sign ₹3,800 Crore Agreement for 1,350 MW Sinnar Thermal Power Plant Acquisition, ETEnergyworldETEnergyWorld Desk, ET EnergyWorldJan 10, 2026

Summarized from public sources; check the original articles before acting on it.

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