Aravali Power Company Private Limited pays maiden Interim Dividend to NTPC

Sarkaritel
By Sarkaritel January 25, 2016 15:15

Aravali Power Company Private Limited pays maiden Interim Dividend to NTPC


U. P. Pani, Chairman, Aravali Power Company Private Limited (APCPL) & Director (HR), NTPC presented interim dividend cheque of Rs. 63,47,54,100/- for the year 2015-16 on behalf of APCPL towards NTPC’s 50% share to Shri A. K. Jha, Chairman & Managing Director, NTPC. The amount of dividend has been credited to the account of the respective joint venture partners through RTGS. This is the maiden dividend paid by APCPL since its inception in December, 2006.

25ntpc_cheque

From NTPC K. Biswal, Director (Finance), Sudhir Arya, Executive Director (Finance) & Director, APCPL, A. K. Rastogi, Company Secretary & Executive Director (Law), Sangeeta Bhatia, General Manager (Finance-ISD & Treasury) and from APCPL S. K. Sinha, Chief Executive Officer, G. K. Dua, General Manager (Finance), Arun Kumar, Additional General Manager (HR) and Vikas Goyal, Company Secretary  were also present on the occasion.

APCPL is a Joint Venture Company of NTPC, Indraprastha Power Generation Company Limited (IPGCL) and Haryana Power Generation Corporation Limited (HPGCL) engaged in generation of Power. The interim dividend @ 5% on the paid up capital  has also been paid to other joint venture partners viz. IPGCL and HPGCL on their respective shareholding of 25% each.

Sarkaritel
By Sarkaritel January 25, 2016 15:15