PSU NEWS
NHPC pays interim dividend of rs 840.96 cr to GOI
Faridabad. NHPC has paid an interim dividend of Rs. 840.96 crore to Government of India for the financial year 2019-20 on March 3rd, 2020.The dividend payout bank advice was presented to R.K. Singh, Minister of State (Independent Charge) (Power and New & Renewable Energy) & Minister of State (Skill Development and Entrepreneurship) by A.K. Singh, CMD, NHPC on March 4th 2020 in the presence of Shri Sanjiv Nandan Sahai, Secretary (Power) ,Shri Aniruddha Kumar, Joint Secretary (Hdro), and Shri N.K. Jain, Director (Personnel), Shri Mahesh Kumar Mittal, Director (Finance), Shri Janardan Choudhary, Director (Technical) from NHPC.
NHPC had paid interim dividend of Rs. 526.53 crore to Government of India for the fiscal 2018-19.NHPC has earned net profit of Rs. 2624.26 crore for the nine months ended FY 19-20 as against the previous period corresponding figure of Rs. 2138.26 crore.
Read Also : NHPC Ltd Q4 results, 16.3 percent decline in net profit
News Must Read
- Electric Cars vs. Hybrid Cars: 5 Major Differences
- CBI registers case against PNB official for illegally transferring approx. Rs. 4.98 cr
- Bandhan Bank Q4 results, Net profit declines 93% to Rs 54.63 crore
- Vikram Solar Wins a 397.7 MWp Module Supply order for NTPC Khavda Project
- BEML bags order worth Rs 250 crore from Northern Coalfields Ltd
- PhonePe collaborates with LankaPay to promote UPI payment acceptance in Sri Lanka
- HAL Q4 results, net profit up by 52.2 percent YoY
- GAIL India Q4 results, 22 percent fall in net profit
- MOIL Registers historical performance in FY'24
- PFC Q4 results, PAT jumps 20% YoY to Rs 5,624 cr