Util­ity Pow­ertech pays in­terim div­i­dend

Power Watch India - - DESPATCHES FINANCE -

RKS Gahlowt, CEO, Util­ity Pow­ertech Ltd (UPL) pre­sented an in­terim div­i­dend cheque of Rs 250,00,000 for 2015-16, as NTPC share to AK Jha, Chair­man and Man­ag­ing Di­rec­tor, NTPC. UP Pani, Di­rec­tor (HR), Ku­la­mani Biswal, Di­rec­tor (Fi­nance), D Chakrabarty, ED (HR), AK Ras­togi (Com­pany Sec­re­tary), Gi­tika Shiv, GM (HR-S) and K Sreekant, GM (Fi­nance) from NTPC and se­nior of­fi­cials of UPL were also present on the oc­ca­sion. An in­terim div­i­dend of Rs 2,50,00,000 each i.e. 125% of the paid-up share cap­i­tal of the com­pany has been paid by UPL to both the pro­moter com­pa­nies for 2015-16. UPL is a joint ven­ture of NTPC Ltd and Re­liance In­fra­struc­ture Ltd en­gaged in pro­vid­ing O&M sup­port ser­vices.

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