NTPC pays Rs 2,952-cr interim dividend for current fiscal, govt gets Rs 1,740 cr

NTPC Ltd, the country's largest electricity generator, on Friday said it has paid an interim dividend of Rs 2,951.88 crore for the financial year ending 31 March, 2019

Press Trust of India February 22, 2019 17:36:15 IST
NTPC pays Rs 2,952-cr interim dividend for current fiscal, govt gets Rs 1,740 cr
  • This is the 26th consecutive year that NTPC has paid a dividend

  • The dividend is 35.8 percent of the paid-up equity share capital of the company

  • The Government of India, which owns 58.93 percent stake in NTPC, received Rs 1,739.61 crore as its share

New Delhi: NTPC Ltd, the country's largest electricity generator, on Friday said it has paid an interim dividend of Rs 2,951.88 crore for the financial year ending 31 March, 2019.

NTPC pays Rs 2952cr interim dividend for current fiscal govt gets Rs 1740 cr

Representational image. Reuters.

The dividend is 35.8 percent of the paid-up equity share capital of the company, NPTC said in a statement.

The Government of India, which owns 58.93 percent stake in NTPC, received Rs 1,739.61 crore as its share in the interim dividend.

"The RTGS advice for the transfer of Rs 1,739.61 crore to the Government of India was presented to Power Minister R K Singh by NPTC Chairman and Managing Director Gurdeep Singh," it said.

This is the 26th consecutive year that NTPC has paid a dividend.

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