NVVN pays div­i­dend to NTPC

Power Watch India - - DESPATCHES FINANCE -

NTPC’s wholly-owned sub­sidiary NTPC Vidyut Vya­par Nigam (NVVN) paid an in­terim div­i­dend of Rs 20 crore equiv­a­lent to 100% per cent of equity of NTPC for the fi­nan­cial year 2015-16. The cheque for the amount was given by NK Sharma, CEO, NVVN to Gur­deep Singh, CMD, NTPC in the pres­ence of se­nior of­fi­cials of both the com­pa­nies. NVVN has paid cu­mu­la­tive div­i­dend of Rs 107.63 crore to NTPC since in­cep­tion.

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