Adani Power, NTPC, JSW Energy in the race for Sinnar Thermal
Several major power companies, including Adani Power, JSW Energy, and NTPC, are among the bidders for the debt-laden Sinnar Thermal Power plant in Maharashtra. The plant, with a potential capacity of 2,700 MW, faces challenges such as coal supply issues and legal disputes. Top creditors like Power Finance Corp and REC are seeking their dues, adding complexity to the resolution process. The Maharashtra government may also show interest in the asset, given its strategic importance in the state's power generation landscape. With multiple stakeholders involved, the future ownership of Sinnar Thermal Power remains uncertain.
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