NTPC pays Total Dividend of Rs. 4741.16 crore for FY 2013-14

Sarkaritel
By Sarkaritel September 10, 2014 10:00

NTPC pays Total Dividend of Rs. 4741.16 crore for FY 2013-14


New Delhi, Sept 09 : NTPC Limited paid a total dividend @ 57.5% of its paid-up capital for the financial year 2013-14, amounting to Rs. 4741.16 crore. The dividend payment is 3rd highest among Public Sector Undertakings and 5th highest among the Listed Companies.

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The Company had paid interim dividend @40.0% amounting to Rs. 3298.19 crore on February 10, 2014. Today, the Company has paid the final dividend @17.5% amounting to Rs. 1442.97 crore.

The RTGS advice for the transfer of Rs. 1081.61 crore to Government of India, being the share of Government of India in the final dividend, was presented by Dr. Arup Roy Choudhury, CMD, NTPC to Piyush Goyal, Minister of State (Independent Charge) for Power, Coal and New & Renewable Energy in the presence of Dr. Pradeep Kumar, Joint Secretary & Financial Advisor, MOP, Mukesh Jain, Joint Secretary (Power), K. Biswal, Director (Finance), NTPC, I. J. Kapoor, Director (Commercial),  NTPC, N. N. Misra, Director (Operations), NTPC, A. K. Jha, Director (Technical), NTPC, U. P. Pani, Director (Human Resources), NTPC and S.C. Pandey, Director (Projects), NTPC.

NTPC Ltd. has paid dividend of Rs. 3555.25 crore to the Government of India for the financial year 2013-14.

This is the 21st consecutive year that NTPC Ltd. has paid dividend.

Sarkaritel
By Sarkaritel September 10, 2014 10:00