NTECL pays Interim Dividend of Rs 47crore for Financial Year 2021 to NTPC

NTECL has paid the dividend for the first time since its inception. The Interim dividend is also been paid to other Joint Venture partners viz. TANGEDCO on its shareholding of 50% in NTECL.

NTECL pays Interim Dividend of Rs 47crore for Financial Year 2021 to NTPC

New Delhi: NTPC Tamil Nadu Energy Company Limited (NTECL), a JV Company of NTPC Limited & TANGEDCO (50:50) paid an interim dividend of Rs. 47,55,59,335/- (Forty-Seven Crore Fifty Five Lacs Fifty Nine Thousand and Three Hundred Thirty-Five) for the year 2020-21 towards NTPC’s 50% share.

NTECL has paid the dividend for the first time since its inception. The Interim dividend is also been paid to other Joint Venture partners viz. TANGEDCO on its shareholding of 50% in NTECL.

Shri Ramesh Babu V., Chairman, NTECL & Director (Operations), NTPC presented the cheque to Shri Gurdeep Singh, Chairman & Managing Director, NTPC Ltd.

Shri A K Gautam, Director (Finance), NTPC, Shri Dillip Kumar Patel, Director (HR), NTPC, Shri C V Anand, RED (South), NTPC & Director, NTECL,  Shri Basuraj Goswami, CEO NTECL, Shri Rajiv Srivastava, CFO, NTECL, Ms. Nandni Sarkar, Co. Secretary, NTPC and Shri Amit Garg, Co. Secretary, NTECL were also present on the occasion.

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