NTPC, Mahagenco to Acquire 1,350 MW Sinnar Plant

14 Jan 2026 CW Team

NTPC Ltd and Maharashtra State Power Generation Company Ltd (Mahagenco) have signed a shareholder agreement to jointly acquire the Sinnar Thermal Power Plant in Nashik district, Maharashtra, formalising their plan to take over the coal-based asset through the corporate insolvency resolution process. The agreement was executed on January 9, 2026.

The Sinnar plant has a total installed capacity of 1,350 MW, comprising five units of 270 MW each. The acquisition value has been fixed at Rs 38.0 billion and will be paid in cash in line with the timeline specified under the approved resolution plan. The National Company Law Tribunal approved the plan on November 28, 2025, and the transaction is expected to be completed by February 26, 2026, within 90 days of the approval.

Under the agreement, NTPC and Mahagenco will hold equal stakes of 50 per cent each in Sinnar Thermal Power Ltd upon completion of the takeover. Following the acquisition, the NTPC Group’s total installed capacity is projected to increase to about 86,987 MW, with commercial capacity of around 85,907 MW, further consolidating its position as India’s largest power producer.

The acquisition, cleared under the Insolvency and Bankruptcy Code, is aimed at reviving the financially stressed plant, which has remained non-operational for an extended period. The new ownership structure is expected to facilitate the restoration of generation capacity and improve operational efficiency.

The move also reflects broader efforts by state-owned power producers to consolidate assets and secure long-term generation capacity to meet rising electricity demand.

Infrastructure Transport

06 Aug 2026

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..