NTPC and Mahagenco Join Hands: A Detailed Look at the ₹38 Billion STPL Agreement

NTPC Ltd and Maharashtra State Power Generation Company (Mahagenco) have signed an agreement to acquire Sinnar Thermal Power Ltd (STPL) for ₹38 billion. The acquisition strengthens NTPC’s generation portfolio and supports Maharashtra’s energy needs, reflecting a strategic push toward securing reliable power supply and optimizing existing thermal infrastructure.

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