NHPC Board recommends final dividend of Re. 0.30 per share

NEW DELHI .  NHPC Limited, hosted its 38th Annual General Meeting (AGM) at Faridabad on 26th  September 2014. R.S.T. Sai, CMD, NHPC addressed the shareholders at the AGM. Members of NHPC Board including Independent Directors and senior officers from Ministry of Power were also present on the occasion.

While addressing the gathering, R.S.T. Sai expressed his gratitude to all the shareholders for their contribution to the success of the company. R.S.T. Sai also highlighted the achievements made by NHPC during FY 2013-14 in spite of facing various challenges. While presenting the Companys Annual Report for the year ended   31st March 2014,

 

R.S.T. Sai informed that the net profit of the company has decreased to Rs. 978.79 crore mainly due to charging off the borrowing cost and other administrative cost of Subansiri Lower and TLDP-IV Projects as construction activities were interrupted for a prolonged period. The company has achieved a sales realization of Rs. 6397 crore this year as compared to Rs. 5369 crore  last year. India info line .com