NTPC pays Total Dividend of Rs. 2061.37 crore for FY 2014-15

NTPC pays Total Dividend of Rs. 2061.37 crore for FY 2014-15

NEW DELHI . NTPC Limited paid a total dividend @ 25% of its paid-up capital for the financial year 2014-15, amounting to Rs. 2061.37 crore. The dividend payment is 5th highest among Public Sector Undertakings.

 

The Company had paid interim dividend @7.5% amounting to Rs. 618.41 crore on February 13, 2015. Today, the Company has paid the final dividend @17.5% amounting to Rs. 1442.96 crore.

 

The RTGS advice for the transfer of Rs. 1081.61 crore to Government of India, being the share of Government of India in the final dividend, was presented by Shri A. K. Jha, CMD, NTPC to Shri Piyush Goyal,  Union  Minister of State (Independent Charge) for Power, Coal and New & Renewable Energy today in the presence of Dr. Pradeep Kumar, Joint Secretary & Financial Advisor, MOP, Shri K. Biswal, Director (Finance), NTPC, Shri U. P. Pani, Director (Human Resources), NTPC, Shri S.C. Pandey, Director (Projects), NTPC and  Shri K.K. Sharma, Director (Operations), NTPC.

Read Also : Mr. Vinaya Bhat P. J. appointed as the Chief Compliance Officer of Karnataka Bank