Millennium Post

POWERGRID declares total dividend of Rs 977 crore

POWERGRID declares total dividend of Rs 977 crore
POWERGRID declares total dividend of Rs 976.89 crore Power Grid Corporation of India Ltd. [POWERGRID], the Navratna PSU, has declared final dividend of Rs 606.50 crore for the financial year 2011-12. This is the highest ever final dividend paid by POWERGRID.

A payment advice of Rs 407.77 crore towards final dividend for the year 2011-12 was handed over by R N Nayak, CMD, POWERGRID to union minister of power  M Veerappa Moily in the presence of P Umashankar, secretary [Power], and senior officials of ministry of power.

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