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NTPC pays total Rs 2,762.23 crore dividend for FY16

 MPOST BUREAU |  2016-10-04 21:57:01.0  |  New Delhi

NTPC pays total Rs 2,762.23 crore  dividend for FY16

NTPC had paid interim dividend @16.0% amounting to Rs. 1319.27 crore on February 15, 2016. The Company has paid the final dividend @17.5% amounting to Rs. 1442.96 crore on September 30, 2016.

The RTGS advice for the transfer of Rs. 1006.38 crore to Government of India, being the share of Government of India in the final dividend, was presented on Monday by Shri Gurdeep Singh, CMD, NTPC, to Shri Piyush Goyal, Hon’ble Minister of State (Independent Charge) for Power, Coal, New & Renewable Energy and Mines in the presence of Shri Pradeep Kumar Pujari Secretary, MOP. Shri K. Biswal, Director (Finance), NTPC, Shri A. K. Jha, Director (Technical), NTPC, Shri U. P. Pani, Director (Human Resources), NTPC and Shri S.C. Pandey, Director (Projects), NTPC were also present on this occasion.

NTPC Ltd. has paid a total dividend of Rs. 1995.28 crore to the Government of India for the financial year 2015-16.

This is the 23rd consecutive year that NTPC Ltd. has paid dividend.

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