NTPC pays div­i­dend of Rs 2762.23 crore for FY 2015-16

Power Watch India - - DESPATCHES NATIONAL -

NTPC Ltd paid a to­tal div­i­dend @ 33.5% of its paid-up cap­i­tal for the financial year 2015-16, amount­ing to Rs 2762.23 crore. The div­i­dend pay­ment is fourth high­est among the PSUs. The com­pany had paid an in­terim div­i­dend @16.0% amount­ing to Rs 1319.27 crore. It paid the fi­nal div­i­dend @17.5% amount­ing to Rs 1442.96 crore in Septem­ber 2016. The RTGS ad­vice for trans­fer of Rs 1006.38 crore to the Gov­ern­ment, be­ing the share of gov­ern­ment in the fi­nal div­i­dend, was pre­sented by Gur­deep Singh, CMD, NTPC, to Power Min­is­ter Piyush Goyal in the pres­ence of Pradeep Ku­mar Pu­jari Sec­re­tary, MOP. K Biswal, Di­rec­tor (Fi­nance), NTPC, AK Jha, Di­rec­tor (Tech­ni­cal), NTPC, UP Pani, Di­rec­tor (Hu­man Re­sources), NTPC and SC Pandey, Di­rec­tor (Projects), NTPC, were also present on this oc­ca­sion. NTPC has paid a to­tal div­i­dend of Rs 1995.28 crore to the Gov­ern­ment for financial year 2015-16. This is the 23rd con­sec­u­tive year that NTPC Ltd has paid a div­i­dend.

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