1. NTPC pays Rs 1,995 cr dividend to govt for FY’16

NTPC pays Rs 1,995 cr dividend to govt for FY’16

State-owned power producer NTPC today said it has paid a total dividend of Rs 1,995.28 crore to the government for 2015-16 financial year.

By: | New Delhi | Published: October 3, 2016 7:52 PM
"NTPC Ltd paid a total dividend @ 33.5 per cent of its paid-up capital for the financial year 2015-16, amounting to Rs 2,762.23 crore. The dividend payment is fourth highest among public sector undertakings," the PSU said in a statement. (Twitter) “NTPC Ltd paid a total dividend @ 33.5 per cent of its paid-up capital for the financial year 2015-16, amounting to Rs 2,762.23 crore. The dividend payment is fourth highest among public sector undertakings,” the PSU said in a statement. (Twitter)

State-owned power producer NTPC today said it has paid a total dividend of Rs 1,995.28 crore to the government for 2015-16 financial year.

“NTPC Ltd paid a total dividend @ 33.5 per cent of its paid-up capital for the financial year 2015-16, amounting to Rs 2,762.23 crore. The dividend payment is fourth highest among public sector undertakings,” the PSU said in a statement.

The company had paid interim dividend at 16 per cent amounting to Rs 1,319.27 crore on February 15, 2016. The company has paid the final dividend at 17.5 per cent amounting to Rs 1,442.96 crore on September 30, 2016.

“The RTGS advice for the transfer of Rs 1,006.38 crore to Government of India, being the share of Government of India in the final dividend, was presented by Gurdeep Singh, CMD, NTPC, to Piyush Goyal, Minister of State (Independent Charge) for Power, Coal, New & Renewable Energy and Mines in the presence of Pradeep Kumar Pujari Secretary, MOP (Ministry of Power),” it said.

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