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NTPC to acquire Rs 5,000 crore KSK Mahanadi power project

NTPC is set to acquire the KSK Mahanadi power station in Chattisgarh, a large greenfield project with a proposed capacity of 3,600 MW, marking the state-run utility's second acquisition of a stressed asset. The project came under corporate insolvency resolution process in April 2022 after defaulting on loans. NTPC's investment in the project is valued at Rs 5,000 crore.

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NTPC to acquire Rs 5,000 crore KSK Mahanadi power project NTPC to acquire Rs 5,000 crore KSK Mahanadi power project Reviewed by Viral Trick Hindi on January 31, 2024 Rating: 5

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