NTPC Ltd. pays Interim Dividend of Rs. 4,121.08 crore for FY 2022-23

by Psu Connect
Date: 24-02-23

NTPC Ltd., India’s largest integrated power company, paid interim dividend of Rs. 4,121.08 crore today for the financial year 2022-23. The dividend paid is 42.50% of the paid-up equity share capital of the Company.

Mumbai: NTPC Ltd., India’s largest integrated power company, paid interim dividend of Rs. 4,121.08 crore today for the financial year 2022-23. The dividend paid is 42.50% of the paid-up equity share capital of the Company.

This is the 30th consecutive year that NTPC Ltd. has paid dividend.NTPC Ltd has recently been ranked No.1 Independent Power Producer and Energy Trader Globally in The S&P Global Commodity Insights Top 250 Global Energy Company Rankings®?-2022.

NTPC is not just India’s largest power producer; it is one of the key pillars sustaining India’s economic growth and development.

With a share of 17% of the installed capacity, NTPC currently contributes 24% of the total electricity produced in India. NTPC’s goal has always been to deliver power that is economical, efficient, and ecologically sustainable. To meet this objective, it offers a diversified energy mix comprising gas, wind, solar, hydro, floating solar and coal.

By 2032, NTPC is targeting non-fossil fuel-based capacity to make up nearly 50 per cent of the company’s portfolio, which includes renewable energy capacity of 60 GW and total portfolio of 130GW.

In terms of scale, efficiency, and energy generation from cleaner and greener sources, the company leads the India’s energy transition. It has teamed with NITI Aayog for the Net Energy Zero effort.