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.
source https://timesofindia.indiatimes.com/business/india-business/ntpc-to-acquire-rs-5000-crore-ksk-mahanadi-power-project/articleshow/107302341.cms
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