Ltd and Maharashtra State Power Generation Company Limited (MAHAGENCO) on 24th February

Ltd and Maharashtra State Power Generation Company Limited (MAHAGENCO) on 24th February. Generation Company Limited (MAHAGENCO) and NTPC Limited have completed the acquisition of Sinnar Thermal. Power Limited (“STPL”), a company which was undergoing Corporate Insolvency Resolution Process ("CIRP").

An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.

• Consideration and how it is funded
• Revenue and profit of the target
• Expected completion date
• The company is committed to achieving 60 GW of renewable energy capacity by 2032, strengthening India's Net Ze (management committed by FY32)
• NTPC Limited (NTPC) & Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) has signed Supplementary Join (management committed by FY27)