Thursday 22nd August 2019

NTPC pays Total Dividend of Rs. 3,941 crore for FY 2016-17

Sep 30th, 2017 4:51 am | By | Category: LATEST NEWS

Gurdeep Singh CMD NTPC
THE NEWSMAN OF INDIA.COM
NTPC Limited paid a total dividend @ 47.8% of its paid-up capital for the financial year 2016-17, amounting to Rs. 3,941 crore.

The Company had paid interim dividend @26.1% amounting to Rs. 2,152 crore on February 22, 2017. The Company has paid the final dividend @21.7% amounting to Rs. 1,789 crore on September 29, 2017.

The RTGS advice for the transfer of Rs. 1,129 crore to Government of India, being the share of Government of India in the final dividend, was presented by Gurdeep Singh, CMD, NTPC, to R.K.Singh, Minister of State (Independent Charge) for Power and New & Renewable Energy in the presence of K. Biswal, Director (Finance), K.K.Sharma, Director (Operations), Saptarshi Roy, Director (Human Resources) and A. K. Gupta, Director (Commercial) from NTPC Ltd.
NTPC Ltd. has paid a total dividend of Rs. 2,630 crore to the Government of India for the financial year 2016-17.
This is the 24th consecutive year that NTPC Ltd. has paid dividend.

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